Skip to main content

CentrePiece article

The Psychology of Savings and Investment


The pensions world of 2010 is going to look a lot more useful to unsophisticated investors than the pensions world of 2000, thanks to policy recommendations emerging from the new field of 'behavioural economics'. That is the contention of Harvard University's David Laibson, who recently delivered the Lionel Robbins Memorial Lectures at LSE.


David Laibson and Romesh Vaitilingam

February 2008     Paper Number CEPCP243

Download PDF - The Psychology of Savings and Investment