Description: This white paper discusses the select research conducted by behavioral economists and other researchers on the increased individual involvement in planning for retirement within the context of a workplace retirement plan.

Description: This document presents the detailed results of a literature search performed during December 2009 - February 2010 to find resources for the report Complexity Science – An Introduction and Invitation for Actuaries.

Description: This is a research project discussing on the needs and opportunities of the older age market to be used in the development and distribution of products that will protect future retirees from financial risk.

Description: This is a discussion about utility theory. From Transactions of Society of Actuaries 1969, Vol. 21 Pt. 2, No. 59

Description: Why should actuaries care about non-quantitative considerations? We are the masters of accurate calculations, and our models should be based solely upon logic … right? Wrong! The touchy-feely holistic, irrational factors encountered so often in the real world, can wreak havoc upon a model that considers only rational logic. Our 2016 presidential election was a dramatic wake-up call to statisticians and actuaries that numbers alone are not always the determining factors in economic outcomes. Learn why this is true, and how you can adapt your models to better represent the real world, and gain competitive advantage.

Description: A summary of the driving forces behind, and effects of, the historical increases and future expectations of Generic Dispensing Rates.

Description: Introduces the new behavioral finance subgroup and talks about why such a subgroup is needed.

Description: This article describes seven results from behavioral finance that actuaries may find useful: heuristics, the endowment effect, loss aversion, prospect theory, satisficing, strategic thinking and agent-based modeling.

Description: A review of the academic article "Health Insurance for ‘Humans’: Information Frictions, Plan Choice, and Consumer Welfare."

Description: Article On Making Ourselves Useful In Our Communities by Moorhead in The Actuary, June 1979, Volume 13, Number 6. Gasoline conservation.