Article citationsMore>>

O’Donoghue, T. and Rabin, M. (1999) Procrastination in Preparing for Retirement. In: Aaron, H., Ed., Behavioral Dimensions of Retirement Economics, Brookings Institution Press and Russell Sage Foundation, Washington DC, 125-160.

has been cited by the following article:

• TITLE: Quasi-Hyperbolic Discounting and Delayed Retirement

  AUTHORS: James A. Feigenbaum, T. Scott Findley

  KEYWORDS: Quasi-Hyperbolic Discounting, Retirement, Life-Cycle Consumption and Saving

  JOURNAL NAME: Theoretical Economics Letters, Vol.5 No.2, April 28, 2015

  ABSTRACT: We study the active retirement choice in a simple three-period life-cycle setting and demonstrate that time-inconsistent delayed retirement becomes a theoretical possibility. This helps to align theory with the intuition that delaying the date of retirement can be a reasonable response to spending too much and saving too little for retirement.