dc.contributor.author | Rodríguez-Reyes, Luis R. | |
dc.date.accessioned | 2018-10-05T18:04:07Z | |
dc.date.accessioned | 2023-03-10T15:16:12Z | |
dc.date.available | 2018-10-05T18:04:07Z | |
dc.date.available | 2023-03-10T15:16:12Z | |
dc.date.issued | 2018 | |
dc.identifier.citation | Rodríguez-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.issn | 2007-9869 | |
dc.identifier.uri | https://hdl.handle.net/20.500.12032/67855 | |
dc.description | Empirical 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.iso | eng | es |
dc.publisher | Universidad de Guadalajara | es |
dc.rights.uri | http://quijote.biblio.iteso.mx/licencias/CC-BY-NC-2.5-MX.pdf | es |
dc.subject | Halo effect | es |
dc.subject | retirement | es |
dc.subject | private knowledge | es |
dc.subject | AFORE | es |
dc.title | The halo effect, private knowledge and retirement fund choice: A theoretical model for the case of México’s Afores | es |
dc.type | info:eu-repo/semantics/article | es |