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Behavioral economists have come to believe that a (i) of choices can be paralyzing as Schwartz pointed out in the recent book The Paradox of Choice. Studies of retirement plans show that the more investment choices a plan offers, the less likely people are to participate in it. it may follow, then, that a lack of flexibility in certain plans may actually be a (ii) .People reasonably(iii) some advantages in exchange for peace of mind.
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