| dc.creator | Rodríguez-Reyes, Luis R. | |
| dc.date | 2018-10-05T18:04:07Z | |
| dc.date | 2018-10-05T18:04:07Z | |
| dc.date | 2018 | |
| dc.date.accessioned | 2023-07-21T21:50:21Z | |
| dc.date.available | 2023-07-21T21:50:21Z | |
| dc.identifier | 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. | |
| dc.identifier | 2007-9869 | |
| dc.identifier | http://hdl.handle.net/11117/5592 | |
| dc.identifier.uri | https://repositorioslatinoamericanos.uchile.cl/handle/2250/7753004 | |
| 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. | |
| dc.format | application/pdf | |
| dc.language | eng | |
| dc.publisher | Universidad de Guadalajara | |
| dc.rights | http://quijote.biblio.iteso.mx/licencias/CC-BY-NC-2.5-MX.pdf | |
| dc.subject | Halo effect | |
| dc.subject | retirement | |
| dc.subject | private knowledge | |
| dc.subject | AFORE | |
| dc.title | The halo effect, private knowledge and retirement fund choice: A theoretical model for the case of México’s Afores | |
| dc.type | info:eu-repo/semantics/article | |
