Rational overconfidence and social security: subjective beliefs, objective welfare

DOI10.1007/S00199-016-1022-ZMaRDI QIDQ1707306zbMATH OpenOpenAlexFDO

Authors Carsten Krabbe Nielsen

Publication date 29 March 2018

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s00199-016-1022-z

zbMATH Keywords

ex post welfare optimalityportfolio choicerational beliefsrational overconfidencesocial securitysocietal rationalitysubjective expectations

Mathematics Subject Classification ID

Welfare economics (91B15)

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Cites work

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Cited in

(4)

• Why mandate young borrowers to contribute to their retirement accounts?
• Severance savings accounts and life-cycle savings
• Rationally misplaced confidence
• On rationally confident beliefs and rational overconfidence

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