@inbook{10.7758/9781610445887.9,
 ISBN = {9780871540782},
 URL = {http://www.jstor.org/stable/10.7758/9781610445887.9},
 abstract = {In certain stylized economic models, household savings emerge mechanically and effortlessly as informed rational agents maximize lifetime consumption in light of their likely income streams, their needs, and the hazards they might encounter. In other models, households are massively confused about intertemporal trade-offs. They employ a set of time-inconsistent discount rates to evaluate options that vary greatly from period to period, and their resultant decisions may be time-inconsistent (Mullainathan and Shafir, this volume). Although these are both useful observations about household decisionmaking, they abstract away from the messiness of saving (Collins and Murdoch, this volume). Families—and of particular interest},
 author = {Peter Tufano and Daniel Schneider},
 booktitle = {Insufficient Funds: Savings, Assets, Credit, and Banking Among Low-Income Households},
 pages = {149--190},
 publisher = {Russell Sage Foundation},
 title = {Using Financial Innovation to Support Savers: From Coercion to Excitement},
 year = {2009}
}