|Event Date||Sun May 19 EDT - Tue May 21 EDT (over 2 years ago)|
St Julien Hotel
900 Walnut St, Boulder, CO 80302, USA
The conference will provide an opportunity for exchange of ideas among researchers in different fields working on problems of consumer financial decision-making.
Consumer welfare is strongly affected by household financial decisions large and small: choosing mortgages; saving to fund college education or retirement; using credit cards to fund current consumption; choosing how to “decumulate” savings in retirement; deciding how to pay for health care and insurance; and investing in the stock market. In all of these domains, consumers are often poorly informed and susceptible to making serious errors that have large personal and societal consequences.
Basic research in judgment and decision making, psychology, consumer research, behavioral finance, and behavioral economics can inform our understanding of how consumers actually make such decisions and how consumers can be helped to make better decisions by innovations in public policy, business, and consumer education.
• Center for Research on Consumer Financial Decision Making
• University of Colorado and by the Leeds School of Business