{"id":"https://openalex.org/W3022787251","doi":"https://doi.org/10.7208/chicago/9780226903385.003.0003","title":"How Does Simplified Disclosure Affect Individuals' Mutual Fund Choices?","display_name":"How Does Simplified Disclosure Affect Individuals' Mutual Fund Choices?","publication_year":2011,"publication_date":"2011-01-01","ids":{"openalex":"https://openalex.org/W3022787251","doi":"https://doi.org/10.7208/chicago/9780226903385.003.0003","mag":"3022787251"},"language":"en","primary_location":{"id":"doi:10.7208/chicago/9780226903385.003.0003","doi":"https://doi.org/10.7208/chicago/9780226903385.003.0003","is_oa":false,"landing_page_url":"https://doi.org/10.7208/chicago/9780226903385.003.0003","pdf_url":null,"source":{"id":"https://openalex.org/S4306464156","display_name":"University of Chicago Press eBooks","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4310315672","host_organization_name":"University of Chicago Press","host_organization_lineage":["https://openalex.org/P4310315672","https://openalex.org/P4310315690"],"host_organization_lineage_names":["University of Chicago Press","University of Chicago"],"type":"ebook platform"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Explorations in the Economics of Aging","raw_type":"book-chapter"},"volume":{"id":"https://openalex.org/W1574878237","display_name":"Explorations in the Economics of Aging"},"type":"book-chapter","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5084393981","display_name":"John Leonard Beshears","orcid":"https://orcid.org/0000-0002-3808-6423","observed_orcids":["https://orcid.org/0000-0002-3808-6423"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"John Beshears","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5102947185","display_name":"James J. Choi","orcid":"https://orcid.org/0000-0003-3517-6885","observed_orcids":["https://orcid.org/0000-0003-3517-6885"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"James J. Choi","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5058269956","display_name":"David Laibson","orcid":"https://orcid.org/0000-0003-4556-8508","observed_orcids":["https://orcid.org/0000-0003-4556-8508"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"David Laibson","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5071283924","display_name":"Brigitte C. Madrian","orcid":"https://orcid.org/0000-0002-4820-4462","observed_orcids":["https://orcid.org/0000-0002-4820-4462"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Brigitte C. Madrian","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":6.8387,"has_fulltext":false,"cited_by_count":29,"citation_normalized_percentile":{"value":0.96892523,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":97},"biblio":{"volume":null,"issue":null,"first_page":"75","last_page":"96"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10517","display_name":"Financial Literacy, Pension, Retirement Analysis","score":0.9121000170707703,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10517","display_name":"Financial Literacy, Pension, Retirement Analysis","score":0.9121000170707703,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.07980000227689743,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13744","display_name":"Financial Literacy and Behavior","score":0.00279999990016222,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/401-k-plans","display_name":"401(k) plans","score":0.8999999761581421},{"id":"https://openalex.org/keywords/automatic-enrollment","display_name":"automatic enrollment","score":0.9710000157356262},{"id":"https://openalex.org/keywords/default-options","display_name":"default options","score":0.8370000123977661},{"id":"https://openalex.org/keywords/asset-allocation","display_name":"asset allocation","score":0.5989999771118164},{"id":"https://openalex.org/keywords/fund-management-fees","display_name":"fund management fees","score":0.8730000257492065},{"id":"https://openalex.org/keywords/financial-decision-making","display_name":"financial decision-making","score":0.7689999938011169},{"id":"https://openalex.org/keywords/behavioral-interventions","display_name":"behavioral interventions","score":0.5189999938011169},{"id":"https://openalex.org/keywords/retirement-savings","display_name":"retirement savings","score":0.4350000023841858}],"concepts":[{"id":"https://openalex.org/C108154423","wikidata":"https://www.wikidata.org/wiki/Q1469792","display_name":"Salience (neuroscience)","level":2,"score":0.8150933980941772},{"id":"https://openalex.org/C2776035688","wikidata":"https://www.wikidata.org/wiki/Q1606558","display_name":"Affect (linguistics)","level":2,"score":0.5842000246047974},{"id":"https://openalex.org/C2780821815","wikidata":"https://www.wikidata.org/wiki/Q5340806","display_name":"Portfolio","level":2,"score":0.5643416047096252},{"id":"https://openalex.org/C17738144","wikidata":"https://www.wikidata.org/wiki/Q7685888","display_name":"Target date fund","level":5,"score":0.5585089921951294},{"id":"https://openalex.org/C2993800227","wikidata":"https://www.wikidata.org/wiki/Q7231728","display_name":"Portfolio allocation","level":3,"score":0.5524137616157532},{"id":"https://openalex.org/C189188589","wikidata":"https://www.wikidata.org/wiki/Q14864997","display_name":"Investment management","level":3,"score":0.5498051643371582},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5241613388061523},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.49810266494750977},{"id":"https://openalex.org/C2777064782","wikidata":"https://www.wikidata.org/wiki/Q791974","display_name":"Mutual fund","level":2,"score":0.4980435371398926},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.49788761138916016},{"id":"https://openalex.org/C2778865806","wikidata":"https://www.wikidata.org/wiki/Q6060850","display_name":"Investment decisions","level":3,"score":0.4878263771533966},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.44018489122390747},{"id":"https://openalex.org/C27415008","wikidata":"https://www.wikidata.org/wiki/Q7256382","display_name":"Psychological intervention","level":2,"score":0.4334125518798828},{"id":"https://openalex.org/C8858961","wikidata":"https://www.wikidata.org/wiki/Q7068367","display_name":"Nudge theory","level":2,"score":0.4316824674606323},{"id":"https://openalex.org/C2776031354","wikidata":"https://www.wikidata.org/wiki/Q5104029","display_name":"Choice architecture","level":2,"score":0.4159359335899353},{"id":"https://openalex.org/C103144560","wikidata":"https://www.wikidata.org/wiki/Q2670999","display_name":"Investment strategy","level":3,"score":0.41502365469932556},{"id":"https://openalex.org/C100001284","wikidata":"https://www.wikidata.org/wiki/Q2248246","display_name":"Public economics","level":1,"score":0.35606783628463745},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3043612241744995},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.2303442358970642},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.1946500837802887},{"id":"https://openalex.org/C109574028","wikidata":"https://www.wikidata.org/wiki/Q647525","display_name":"Behavioral economics","level":2,"score":0.1789689064025879},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.14726775884628296},{"id":"https://openalex.org/C206757995","wikidata":"https://www.wikidata.org/wiki/Q1665188","display_name":"Institutional investor","level":3,"score":0.11940687894821167},{"id":"https://openalex.org/C155301685","wikidata":"https://www.wikidata.org/wiki/Q493177","display_name":"Open-end fund","level":4,"score":0.11456283926963806},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.09239304065704346},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.08385080099105835},{"id":"https://openalex.org/C77805123","wikidata":"https://www.wikidata.org/wiki/Q161272","display_name":"Social psychology","level":1,"score":0.0},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.0},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.0},{"id":"https://openalex.org/C118552586","wikidata":"https://www.wikidata.org/wiki/Q7867","display_name":"Psychiatry","level":1,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C46312422","wikidata":"https://www.wikidata.org/wiki/Q11024","display_name":"Communication","level":1,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.7208/chicago/9780226903385.003.0003","doi":"https://doi.org/10.7208/chicago/9780226903385.003.0003","is_oa":false,"landing_page_url":"https://doi.org/10.7208/chicago/9780226903385.003.0003","pdf_url":null,"source":{"id":"https://openalex.org/S4306464156","display_name":"University of Chicago Press eBooks","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4310315672","host_organization_name":"University of Chicago Press","host_organization_lineage":["https://openalex.org/P4310315672","https://openalex.org/P4310315690"],"host_organization_lineage_names":["University of Chicago Press","University of Chicago"],"type":"ebook platform"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Explorations in the Economics of Aging","raw_type":"book-chapter"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W3124678427","https://openalex.org/W3023633440","https://openalex.org/W3150832882","https://openalex.org/W2096654506","https://openalex.org/W3122163762","https://openalex.org/W4242052384","https://openalex.org/W2065287404","https://openalex.org/W1588069836","https://openalex.org/W1577946131","https://openalex.org/W2895411941"],"abstract_inverted_index":{"Abstract":[0],"The":[1,83],"chapter":[2,84],"illustrates":[3],"that":[4],"plan":[5],"features":[6],"such":[7,16,54],"as":[8,55],"automatic":[9],"enrollment":[10],"and":[11,29,51,71,96],"the":[12,22,26,30,35,39,56,73,88],"default":[13],"provisions":[14],"of":[15,24,32,75,90],"plans":[17],"have":[18],"tremendous":[19],"influence":[20],"on":[21,48],"likelihood":[23],"participation,":[25],"amount":[27],"saved,":[28],"allocation":[31,50],"assets":[33],"across":[34],"investment":[36,66,80],"alternatives":[37],"in":[38,65,68],"plan.":[40],"More":[41],"recent":[42],"work":[43],"has":[44],"focused":[45],"more":[46],"extensively":[47],"portfolio":[49],"its":[52],"implications,":[53],"extent":[57],"to":[58,87],"which":[59],"fund":[60],"management":[61,76],"fees":[62,77],"are":[63],"considered":[64],"decisions":[67],"401(k)":[69],"plans,":[70],"how":[72,91,97],"salience":[74],"may":[78],"impact":[79],"decision":[81,99],"making.":[82],"also":[85],"adds":[86],"understanding":[89],"people":[92],"make":[93],"financial":[94,98],"decisions,":[95],"making":[100],"might":[101],"be":[102],"improved":[103],"through":[104],"simple":[105],"policy":[106],"changes":[107],"or":[108],"interventions.":[109]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":3},{"year":2018,"cited_by_count":3},{"year":2017,"cited_by_count":3},{"year":2016,"cited_by_count":3},{"year":2015,"cited_by_count":2},{"year":2014,"cited_by_count":2},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":2}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2020-05-13T00:00:00"}