Default Bias and Retirement Enrollment

Supplemental Activity 8
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15 MIN(S)

Complete Process Steps 24–29 using Activity 2 and Slides 6–10. In groups of 3–5, give students 10 minutes to review the retirement-plan case study and recommend how the employer should present enrollment. Compare the opt-in and automatic-enrollment options, then discuss why participation differs despite identical financial terms. Define default bias and connect the findings to Topic 15.

Resources

Behavioral Economics Lesson 3 — Activity 2: Retirement Plan Case Study