Detail práce

Choice Architecture and the Pension System in the Czech Republic

Autor: Bc. Daria Polenova
Rok: 2019 - letní
Vedoucí: Mgr. Ing. Martin Štěpánek M.A., Ph.D.
Typ práce: Bakalářská
Jazyk: Anglicky
Stránky: 66
Abstrakt: This thesis analyzes the influence of behavioral economics on a pension system. The
research was performed in order to compare Czech and Swedish pension plans from behavioral
economics’ point of view. Survey logistic regression was applied to analyze the differences and
similarities in the opinions of Czech and Swedish citizens. Data used for the analysis were
obtained from Eurobarometer 76.2 (2011). The results show that both nations have similar
opinions regarding basic questions about pension. Yet, regardless the fact, that both nations
support the idea of elder people delaying the retirement, the number of employed Czech seniors
is sustainably lower, than the same number for Swedish elder residents. This supports the idea
that Swedish pension plan, to which policymakers had applied some behavioral economics’
principles, is doing better than Czech scheme in maximizing employment. Therefore, in fulfilling
one of the retirement policy’s main goals. And proves, that people can be influenced to postpone
the retirement. Furthermore, the analysis shows that people tend to have unrealistic expectations
and consequently cannot evaluate some situations correctly, and need to be given a “nudge” to
prevent unwelcome impact on an individual’s life and on a whole country’s economy.


Česká Spořitelna


Patria Finance