1. RIUdeG
2. Revistas
3. Revista Econoquantum

Título:	The halo effect, private knowledge and retirement fund choice: A theoretical model for the case of México’s Afores The halo effect, private knowledge and retirement fund choice: A theoretical model for the case of México’s AforeEl efecto halo, el conocimiento privado y la elección del fondo de retiro: un modelo teórico para el caso de las Afores de México
Palabras clave:	Halo effect;retirement;private knowledge;AFORE.;Halo effect;retirement;private knowledge;AFORE;D82;G14;G41;H55;J26.
Editorial:	Universidad de Guadalajara
Descripción:	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. 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.
URI:	https://hdl.handle.net/20.500.12104/92762
Otros identificadores:	https://econoquantum.cucea.udg.mx/index.php/EQ/article/view/7126 10.18381/eq.v15i2.7126
Aparece en las colecciones:	Revista Econoquantum

Los ítems de RIUdeG están protegidos por copyright, con todos los derechos reservados, a menos que se indique lo contrario.