Psy News

August 31, 2009

Opt-in and Opt-out Pension Design

Filed under: Psychology Articles — Tags: , , , , — admin @ 6:00 pm
The way in which a question is asked has a strong impact on the answer given or decision made. Consider the case of opting-in versus opting-out. To consent to be an organ donor in the U.S., you must sign a paper when getting your driver's license. This is an opt-in decision chosen by only about a quarter of the drivers. The levels are even lower for countries like Germany and the U.K. On the othe

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