Nov 14, 2017 by John Harris & Doug Palmer
After a long day of work, commuters hope for a fast trip home with few hassles. Drivers want to avoid traffic congestion, and mass transit riders crave an open car with empty seats. However, commuters on the nation’s busiest mass transit systems are often crammed into full train cars after waiting on busy platforms. The … Read more.
Jul 18, 2017 by ideas42
In the United States, more than 45 million people live below the poverty line, including one in five children who will experience its long-lasting effects. While public benefits programs meaningfully impact countless lives by providing essentials like food and health care, many people who are struggling do not receive these benefits for a variety of … Read more.
Nov 2, 2016 by Marcela Cheng & Andrew Fertig
For millions of people around the world, the consequences of inadequate retirement savings are devastating. The problem is widespread even in countries with formal systems of mandatory contributions to individual retirement accounts. In Mexico, these mandatory contributions amount to less than 40% of a worker’s salary during retirement, and few people make the additional (voluntary) … Read more.
Aug 9, 2016 by David Munguía Gómez
Saving for retirement can feel like giving money to a stranger. Forgoing money in the present to benefit the person we will eventually become—our “future self”—is often a difficult and ungratifying experience. Because of this and other behavioral barriers like the ones we uncovered in Mexico, it should come as no surprise that most people … Read more.
Apr 26, 2016 by Andrew Fertig
For most Americans, in addition to warmer weather, Spring means tax season. Compiling a year’s worth of financial records can be a tedious and confusing task, but it can also be a time of reflection—to thoughtfully consider how we used our money, and where there might be some room for improvement. We’re also able to … Read more.
Apr 14, 2016
Every year, hundreds of thousands of low-level tickets, known as summonses, are issued in New York City. Police officers use them for an array of non-arrestable offenses like riding a bike on the sidewalk, littering, or consuming alcohol in public, many of these tickets can only be resolved by showing up to court on an … Read more.
Mar 28, 2016 by Gov42 Team
Tax Day – April 18 – is just around the corner. But you probably don’t need the reminder since you effortlessly filed your return in January, right? Taxes are a pain. You have to track down documents, navigate jargon, and answer countless questions. On top of the hassles, it’s anxiety-inducing to figure out how much … Read more.
Nov 10, 2015
It’s simply a fact that many products, policies, and services created specifically to benefit everyday people are either under-used or not used at all. Whether it’s helpful savings tools, financial aid for education, or comprehensive health insurance plans, many of us simply never enroll or use them despite intending to do so. So what’s going … Read more.
Sep 16, 2015
It’s been an historic week for the world of behavioral science: President Obama has issued an Executive Order encouraging federal agencies to apply behavioral insights in their programs, policies, and operations for the first time ever. Paving the way for this landmark declaration is the successful track record of the White House Social and Behavioral … Read more.
Jun 1, 2015
For many of us, saving enough for retirement remains a murky, unrealized goal. Behavioral science has already proven useful in some ways, but there are still many opportunities to apply a behavioral lens to better preparing for the future. In Mexico, not putting aside enough for retirement is a persistent problem for many people. As … Read more.