Roybal Center for Financial Decisionmaking

The Roybal Center for Financial Decisionmaking aims to better understand how people reach decisions about issues affecting their economic status in old age and inform how public policy can educate or otherwise help people align decisions with their long-term objectives. The focus will be on assessing how people collect information, how they interpret the features of alternatives, how they think about risks and probabilities, what their preferences are, and how well they match their decisions to those preferences and interests. As we uncover weak links in that process, we will draw implications for better education or other mechanisms to help people take decisions that better serve them in old age.