Benedict Dellaert and Bas Donkers awarded Netspar theme grant
Professors Benedict Dellaert and Bas Donkers receive Netspar theme grant for new project on how to help individuals make complex pension decisions.
The theme grant worth €250,000 from Netspar, supports three part-time postdocs and extensive data collection on this topic. In the projects they will investigate promising choice architectures and online tools to match different pension trajectories more closely to different individuals’ needs. The research will be conducted in a close cooperation between researchers at Erasmus School of Economics, the University of Alberta, University of South Carolina, and Netspar partners Achmea, APG, Robeco and Ortec Finance.
The research team addresses two key themes that are particularly relevant in the current pension context in the Netherlands. The first theme focuses on individuals’ mental integration of multiple risk components in choices between retirement plans (e.g., a state pension, an employer-based pension and a privately accrued pension). The second theme addresses individuals’ sequential choice of risk components in comprehensive retirement plans. Retirement planning takes place over the life span (e.g., when changing a job), and to cope with the risks involved, individuals can over time follow different decision strategies.
Benedict Dellaert and Bas Donkers are affiliated with the Erasmus Centre for Marketing & Innovation (ECMI) and the Erasmus Choice Modelling Centre (ECMC).