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Rieskamp, Jorg – Journal of Experimental Psychology: Applied, 2006
Retirement savings decisions can be influenced by the fund composition of the retirement savings plan. In 2 experiments, strong composition effects were observed, with a larger percentage of resources being invested in stock funds when more stock than bond funds were offered. Although participants changed their allocations repeatedly, the…
Descriptors: Learning Processes, Retirement, Multigraded Classes, Class Organization