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Benartzi's work has demonstrated the potential for far-reaching improvement. Along with Nobel Laureate Richard Thaler of the University of Chicago, he pioneered the Save More TomorrowTM (SMarT) program, a behavioral prescription designed to nudge employees to increase their savings rates gradually over time. In their original research, Benartzi and Thaler found that SMarT increased employee savings rates from 3.5 percent to 13.6 percent. The SMarT program is now offered by more than half of the large retirement plans in the U.S. and a growing number of plans in Australia and the U.K. The program has also been incorporated into the Pension Protection Act of 2006, enabling approximately 15 million Americans to boost their retirement savings.
To help bridge the gap between academic research and the real world, Benartzi has worked with many financial institutions and served on multiple advisory boards. He is currently a senior academic advisor for the VOYA Behavioral Finance Institute for Innovation, a board member of Acorns, and a senior advisor for Blast, Personal Capital and Wisdom Tree.
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论文共 57 篇作者统计合作学者相似作者
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JOURNAL OF MARKETING RESEARCHno. 6 (2023): 1095-1113
Journal of Marketing Research (2023)
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Social Science Research Network (2022)
ACR North American Advances (2020)
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Drew M. Anderson, Philip Armour, Daniel Ben-David,Shlomo Benartzi,Katherine Grace Carman, Warren Cormier, Joshua Dietch,Tal Gross, Megan Hunter, Gary Koenig,Timothy J. Layton,George Loewenstein,
RAND Corporation eBooks (2020)
SSRN Electronic Journal (2020)
AEA Randomized Controlled Trials (2020)
SSRN Electronic Journal (2020)
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