Richard Zeckhauser is the Frank P. Ramsey Professor of Political Economy at Harvard University, where he also chairs the annual executive program on investment decisions and behavioral finance. Professor Zeckhauser has been elected a fellow of the Econometric Society and the American Academy of Sciences and is a member of the Institute of Medicine of the National Academy of Sciences. He serves as a trustee for the Commonwealth School and is a member of the National Bureau of Economic Research, the Russell Sage Roundtable in Behavioral Economics, the American Enterprise Institute Council of Academic Advisers, and the OECD High-Level Advisory Board on Large-Scale Catastrophes. His latest book, which he coauthored with Peter Schuck, is titled Targeting in Social Programs: Avoiding Bad Bets and Removing Bad Apples; he coauthored with Jonathan Nelson a forthcoming book, The Patron's Payoff: Conspicuous Commissions in Renaissance Italy. Professor Zeckhauser holds a BA and a PhD in economics from Harvard University.

David Laibson is a professor of economics at Harvard University, where he teaches both undergraduate and graduate courses on macroeconomics, behavioral economics, and dynamic programming. His research, which focuses on macroeconomics, intertemporal choice, behavioral economics, and neuroeconomics, has been published in several journals, including the QJE, AER, JEP, Econometrica, and Science. He is known for his work on time inconsistency, especially his model of quasi-hyperbolic discounting, and Professor Laibson’s early contributions included “Golden Eggs and Hyperbolic Discounting,” published in 1997 in QJE, which presented a study of the intertemporal behavior of a time-inconsistent consumer. His theoretical and empirical work on retirement savings, with considerable focus on 401(k) plans, has been published with coauthors Brigitte Madrian, James Choi, Andrea Repetto, Jeremy Tobacman, and others. He has also coauthored papers with Xavier Gabaix and others on models of bounded rationality in markets, and he has recently begun work in the area of neuroeconomics. He received an AB from Harvard, an MSc in econometrics and mathematical economics from the London School of Economics, and a PhD from MIT.

Dallas Salisbury is president and CEO of the Employee Benefit Research Institute (EBRI). Previously, he held positions with the Washington state legislature, the U.S. Department of Justice, the Employee Benefits Security Administration of the U.S. Department of Labor, and the Pension Benefit Guaranty Corporation. Mr. Salisbury is a fellow of the National Academy of Human Resources and a member of the Board of the NAHR Foundation, the Commonwealth Fund Commission on a High Performance Health System, the Board of Directors for FINRA Investor Education Foundation, and the Board of Advisors to the Comptroller General of the United States. He has served on the Department of Labor ERISA Advisory Council, the PBGC Advisory Committee, the Board of Directors of the Society for Human Resources Management, the U.S. Advisory Panel on Medicare Education, and the Board of Directors of the National Academy of Social Insurance. In addition, he was a delegate to the National Summit on Retirement Savings in 1998, 2002, and 2006 and to the 2005 White House Conference on Aging. He is the recipient of the Award for Professional Excellence from the Society for Human Resource Management, the Plan Sponsor Lifetime Achievement Award, and the Keystone Award of World at Work. Among his recent books are Retirement Security in the United States: Current Sources, Future Prospects, and Likely Outcomes of Current Trends; The Future of Retirement Income in America; The Future of Social Insurance: Incremental Action or Fundamental Reform?; IRA and 401(k) Investing; and Managing Money in Retirement. Mr. Salisbury holds a BA in finance from the University of Washington and an MA in public administration from the Maxwell School of Citizenship and Public Affairs.

This information is accurate as of the date of recording.