Question
Auto-Enrollment, designed to boost employees' retirement savings, is having the opposite effect for some people. Read 'Automatic' Transmission: Does Auto-Enrollment Create Leakage? by Nevin E.
Auto-Enrollment, designed to boost employees' retirement savings, is having the opposite effect for some people. Read 'Automatic' Transmission: Does Auto-Enrollment Create Leakage? by Nevin E. Adams. (https://www.napa-net.org/news-info/daily-news/%E2%80%98automatic%E2%80%99-transmission-does-auto-enrollment-create-leakage)
Then, in your initial post to this discussion, address the following prompt based on what you've learned in this module about the nature of economics:
Is it rational for a person to not increase a savings rate over time that was initially set too low? Why do people succumb to this irrational behavior?
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