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dc.contributor.authorRodríguez-Reyes, Luis R.
dc.date.accessioned2018-10-05T18:04:07Z
dc.date.accessioned2023-03-10T15:16:12Z
dc.date.available2018-10-05T18:04:07Z
dc.date.available2023-03-10T15:16:12Z
dc.date.issued2018
dc.identifier.citationRodríguez-Reyes, L. R. (2018). The halo effect, private knowledge and retirement fund choice: A theoretical model for the case of Mexico’s Afores. En EconoQuantum, 15 (2): 7-20.es
dc.identifier.issn2007-9869
dc.identifier.urihttps://hdl.handle.net/20.500.12032/67855
dc.descriptionEmpirical evidence shows that Mexican workers frequently chose a lower-yielding retirement savings manager over a higher-yielding one, damaging their prospects for retirement income. This research paper shows that such puzzling behavior can occur as a product of the unobservable private history between workers and the companies clustered around a common brand-name, in an example of what is known as the halo effect. To support this hypothesis, a theoretical model of private knowledge and subjective probability with long-term commitment is built. Results are consistent with the idea that private-knowledge-induced halo effect can produce a rational decision process to yield an apparently irrational outcome.es
dc.language.isoenges
dc.publisherUniversidad de Guadalajaraes
dc.rights.urihttp://quijote.biblio.iteso.mx/licencias/CC-BY-NC-2.5-MX.pdfes
dc.subjectHalo effectes
dc.subjectretirementes
dc.subjectprivate knowledgees
dc.subjectAFOREes
dc.titleThe halo effect, private knowledge and retirement fund choice: A theoretical model for the case of México’s Aforeses
dc.typeinfo:eu-repo/semantics/articlees


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