RAND: Angela A. Hung 2013-06-14T19:15:15Z Copyright (c) 2013, The RAND Corporation RAND Corporation http://www.rand.org/about/people/h/hung_angela_a.html How Do Mutual Fund Fees Affect Investor Choices?: Evidence from Survey Experiments http://www.rand.org/pubs/working_papers/WR653.html 2009-01-30T16:15:00Z 2009-01-30T16:15:00Z Analyzes the results from 1000 survey respondents to see how mutual fund fees affect investor choices. Asking for Help: Survey And Experimental Evidence on Financial Advice and Behavior Change http://www.rand.org/pubs/working_papers/WR714-1.html 2010-01-07T16:07:00Z 2010-01-07T16:07:00Z Using survey data from current defined-contribution plan holders in the RAND American Life Panel (a probability sample of U.S. households) seeks to find if individuals actually improve their financial behavior in response to advice. Defining and Measuring Financial Literacy http://www.rand.org/pubs/working_papers/WR708.html 2009-11-02T17:01:00Z 2009-11-02T17:01:00Z Provides a review of theoretical and operational approaches to financial literacy, as well as a conceptual model and composite definition of financial literacy. Building Up, Spending Down: Financial Literacy, Retirement Savings Management, and Decumulation http://www.rand.org/pubs/working_papers/WR712.html 2009-12-07T15:08:00Z 2009-12-07T15:08:00Z Examines if employees are well-equipped to make decisions regarding how much to contribute to their employer-provided pension plans, how to allocate their retirement accounts, and how they will decumulate their retirement funds during retirement. Self-Dealing and Compensation for Financial Advisors http://www.rand.org/pubs/working_papers/WR713.html 2009-11-05T16:45:00Z 2009-11-05T16:45:00Z Develops a framework that addresses questions of self-dealing based on the direct-marketing model introduced by Inderst and Ottaviani, specifically adapting the model to the setting of 401(k) plan advice. Asking for Help: Survey And Experimental Evidence on Financial Advice And Behavior Change http://www.rand.org/pubs/working_papers/WR714.html 2009-11-06T10:31:00Z 2009-11-06T10:31:00Z Using survey data from current defined-contribution plan holders in the RAND American Life Panel (a probability sample of U.S. households) seeks to find if individuals actually improve their financial behavior in response to advice. Empirical Models of Discrete Choice and Belief Updating in Observational Learning Experiments http://www.rand.org/pubs/external_publications/EP20090013.html 2009-01-01T00:00:00Z 2009-01-01T00:00:00Z Contrary to previous conclusions, the authors find that respondents do not tend to overweight private information when updating beliefs. Five Steps to Planning Success http://www.rand.org/pubs/working_papers/WR790.html 2010-11-12T14:59:00Z 2010-11-12T14:59:00Z Investigates the effectiveness of both videos and narratives in improving people's understanding of five basic concepts in financial planning. Investment Advisers and Broker-Dealers http://www.rand.org/pubs/research_briefs/RB9337.html 2008-03-24T15:49:00Z 2008-03-24T15:49:00Z This research brief describes broker-dealers and investment advisers -- their numbers, size, assets, clients, services, and affiliations -- and examines whether individual investors understand the differences between them. Federal Financial and Economic Literacy Education Programs, 2009 http://www.rand.org/pubs/technical_reports/TR857.html 2010-05-17T11:03:00Z 2010-05-17T11:03:00Z Inventories an array of federal financial and economic literacy programs, highlighting program similarities and differences and categorizing them by purpose, content, delivery method, target audience, and evaluation method. Investor and Industry Perspectives on Investment Advisers and Broker-Dealers http://www.rand.org/pubs/technical_reports/TR556.html 2008-01-01T00:00:00Z 2008-01-01T00:00:00Z This report examines current practices and investor understanding of brokers, dealers, and investment advisers -- three theoretically distinct types of financial professionals whose boundaries have blurred in recent decades. Do Risk Disclosures Affect Investment Choice? http://www.rand.org/pubs/working_papers/WR788.html 2010-10-05T10:59:00Z 2010-10-05T10:59:00Z Examines the potential effects of different information disclosures regarding risk on retirement investing behavior. Policy Insight, Volume 3, Issue 1, February 2009: Broker-Dealers and Investment Advisers in the United States: Business Practices and Investor Understanding http://www.rand.org/pubs/corporate_pubs/CP521-2009-02.html 2009-02-18T16:26:00Z 2009-02-18T16:26:00Z Describes the increasingly complex business practices of broker-dealers and investment advisers and discusses investors' understanding of the distinctions between the two. New Findings on the Unbanked in America http://www.rand.org/pubs/occasional_papers/OP369-1.html 2012-05-08T12:45:00Z 2012-05-08T12:45:00Z Presents summary data from the American Life Panel on the 2011 banking practices of U.S. household respondents. New Findings on the Unbanked in America http://www.rand.org/pubs/occasional_papers/OP369.html 2012-03-02T07:45:00Z 2012-03-02T07:45:00Z Presents summary data from the American Life Panel on the 2011 banking practices of U.S. household respondents. Designing Better Pension Benefits Statements http://www.rand.org/pubs/working_papers/WR951.html 2013-06-14T08:30:00Z 2013-06-14T08:30:00Z Provides a normative and positive review of pension benefit statement design.