Description: Learn more about improving the modelling of individual decisions. This paper explains the concepts of hyperbolic discounting and provides a tool for improving the modelling of individual decisions.

Description: Identity theft protection can be offered easily through many different distribution channels because ID theft protection is not considered an insurance product. Marketing to consumers directly via point of sale, direct marketing or worksite marketing are all viable alternatives. From News Direct, September 2005, Issue No. 51.

Description: Obesity is poised to overtake smoking as the leading preventable cause of death. What parallels can be drawn between public and reinsurance industry responses to these two lifestyle choices? Swiss Re investigates.

Description: This report explores estimation of employee stock options exercise behavior and option cost to firms.

Description: This article summarizes a series of surveys that explore how the public perceives retirement risks and manages related financial resources. It also provides examples of conflicting perceptions and behavior related to retirement and how retirees manage assets in retirement.

Description: Behavioral Economics is the combination of psychology and economics that investigates what happens in markets in which some of the agents display human limitations and complications.

Description: Average life expectancy has increased throughout the ages, but can this life expectancy trend continue indefinitely? From Reinsurance Section News, May 2005, Issue No. 55.

Description: The SOA Research Institute tasked the Workforce Science Institute to investigate how retirement benefit plans can affect a plan sponsor’s workforce and business results. The following is an interview with Rick Guzzo and Haig Nalbantian co-founders of the Workforce Science Institute who are the researchers on this project. The interview gives a helicopter view of the project as well as provides some “food for thought” on how retirement plans can be designed to produce an effective workforce.

Description: Presenter of session 48OF of the New York Annual Meeting discusses the psychology of investing. From the Record of the Society of Actuaries, Vol. 24, No. 3.

Description: New research shows that we often make sub-optimal choices, when selecting a health insurance plan, that lead to unnecessary out-of-pocket expenditu