Titlebook: Understanding Consumer Financial Behavior; Money Management in W. Fred Raaij Book 2016 The Editor(s) (if applicable) and The Author(s) 201

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Decision-Making, Decision Architecture, and Defaultsformation presentation on decision-making and choice. Important factors in decision-making are: problem, person, information supply, decision process, and social context. Defaults and nudges are designs of information presentation to influence financial and other behavior into a direction that is “d

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