Ralf Rodepeter
Biographic Data
| ID | 5734592 |
|---|---|
| NAME | Ralf Rodepeter |
| GIVEN NAMES | Ralf |
| FAMILY NAME | Rodepeter |
| SIGNATURE | RODEPETER R |
| AFFILIATIONS | University of Munich BMW Museum, Munich |
| VERIFIED | No |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 6 |
| WORKS AS AUTHOR | 1 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2012 |
| LATEST PUBLICATION YEAR | 2012 |
| H-INDEX | 1 |
Rules of Thumb in Life‐Cycle Saving Decisions
We analyse life‐cycle saving decisions when households use simple heuristics, or rules of thumb, rather than solve the underlying intertemporal optimisation problem. We simulate life‐cycle saving decisions using three simple rules and compute utility losses relative to the solution of the optimisation problem. Our simulations suggest that utility losses induced by following simple decision rules are relatively low. Moreover, the two main saving m…
Rules of Thumb in Life‐Cycle Saving Decisions
We analyse life‐cycle saving decisions when households use simple heuristics, or rules of thumb, rather than solve the underlying intertemporal optimisation problem. We simulate life‐cycle saving decisions using three simple rules and compute utility losses relative to the solution of the optimisation problem. Our simulations suggest that utility losses induced by following simple decision rules are relatively low. Moreover, the two main saving m…
Rules of Thumb in Life‐Cycle Saving Decisions
We analyse life‐cycle saving decisions when households use simple heuristics, or rules of thumb, rather than solve the underlying intertemporal optimisation problem. We simulate life‐cycle saving decisions using three simple rules and compute utility losses relative to the solution of the optimisation problem. Our simulations suggest that utility losses induced by following simple decision rules are relatively low. Moreover, the two main saving m…
Algorithm (1 work) · Backward induction (1 work) · Business cycle (1 work) · Computer Science (1 work) · Consumption (sociology (1 work) · Consumption smoothing (1 work) · Decision-Making and Behavioral Economics (1 work) · Econometrics (1 work) · Economics (1 work) · Financial Literacy, Pension, Retirement Analysis (1 work)