Get Paid Now or Get Paid Later: What Are Sailors Deciding

Abstract

This paper is the about choices that enlisted Sailors have made when offered an early lump-sum payment in return for smaller retirement payments in the future. In short, we describe a natural experiment on the tradeoffs Sailors have made between current and future dollars. While many economists have conducted classroom experiments on these tradeoffs, there are few real-world examples in which thousands of people faced such choices and the choices have been made overseveral years.

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Document Details

Document Type
Technical Report
Publication Date
Nov 01, 2005
Accession Number
AD1014561

Entities

People

  • Aline O. Quester
  • Robert W. Shuford

Organizations

  • Center for Naval Analyses

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Consumers
  • Costs
  • Department Of Defense
  • Economic Models
  • Education
  • Employment
  • Enlisted Personnel
  • Ethnic Groups
  • Learning
  • Military Personnel
  • Money
  • Price Index
  • Regression Analysis
  • Social Security
  • Specifications
  • Statistical Analysis
  • Websites

Fields of Study

  • Economics

Readers

  • Auditory Neuroscience/Auditory Physiology.
  • Economics
  • Systems Analysis and Design