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One Method Professional Managers Use to Manage Pension Funds, Endowment

question 30

Multiple Choice

One method professional managers use to manage pension funds, endowment funds, foundations, and other large portfolios that have a long-term focus with required payout is the:


Definitions:

Dictator Games

A type of economic experiment where one participant (the "dictator") determines how to split an endowment between themselves and another participant, with no repercussions or rewards for their choice.

Ultimatum Games

A game in experimental economics, where a proposer has to decide how to divide a certain amount of money with a responder, who can accept or reject the offer.

Time Inconsistency

The tendency of people to change their plans about future actions due to a preference for immediate gratification over long-term benefits.

Self-Control Problems

Issues related to an individual's difficulty in exercising restraint or choosing long-term benefits over short-term gratification.

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