Abstract Analysis of an original Internet-based survey reveals that debt holding is related to
time discounting through:(i) present bias, measured by the degree of declining impatience in …

We interact two prominent behavioral mechanisms of time inconsistency that have been
used to study inadequate saving: hyperbolic discounting and short-term planning …

Liquidity constraints imposed to shareholders of investment funds, also known as lock-up
periods, represent an alternative that managers can use to implement and maintain long …

This book addresses decision makings that harm the decision makers themselves in the
long run. I refer to such paradoxical behavior as “self-destructive” choices. Many …

Resulting from instability in the UK financial climate in recent times, consumers have
increasingly turned to alternative credit sources such as payday loans, logbook loans (car …

We study credit contracts under a life‐cycle setting where time‐inconsistent agents lack the
internal commitment to stick to consumption plans and external commitment to repaying …

As restrições de liquidez impostas a cotistas de fundos de investimentos, também
conhecidas como períodos de lock-up, representam uma alternativa para que os gestores …

Saving for retirement is a central concern for governments all over the world. Increasing
longevity and the rising cost of post-retirement medical cover for members who fail to save …

This thesis explores UK payday loan consumers' lived experience of managing money, to
better understand financial decisions made by indebted individuals. Payday loans offer a …

We analyze under what conditions a group of potential entrepreneurs prefer to form a
Rotating Savings and Credit Association (ROSCA), or a mutual‐guarantee association …