and Pearson, N.D. (2011). The Dark Side of Financial Innovation: A Case Study of the Pricing of a Retail Financial Product. Journal of Financial Economics, 100(2), 227–247. Lusardi A. and Tufano, P. (2009). Debt literacy, financial experiences and overindebtedness, NBER Working Paper No. 14808. 1 See Campbell et al. (2011), Campbell (2015), Badarinza et al. (2016) for surveys of the literature.
2 See Lusardi and Mitchell (2007, 2011), Lusardi et al. (2010) and Lusardi and Tufano (2009). 3 See Loewenstein et al. (2003), Della Vigna and Malmedier (2006) and Gabaix and Laibson (2006). 4 Madrian and Shea (2001) and Carroll et al. (2009). 5 Benartzi and Thaler (2001). 6 Heidhues and Kőszegi (2010). 7 Office of Fair Trading (2010). 8 Henderson and Pearson (2011).