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RAND Behavioral Finance Forum

U.S.-U.K. Conference on Behavioral Finance and Public Policy

Gavel
DATE May 1, 2009
Pre-conference Dinner April 30th
LOCATION Washington, D.C.
MoreRegister to Attend

Program Details

We are pleased to announce the 2009 Behavioral Finance Forum (BeFi) conference on May 1 in Washington DC. The purpose of the meeting is to discuss new policy options to help consumers better manage their finances with staff and members of congress and other policy makers. In view of the change in administration and the call for a rethinking of financial regulation and the structure of the pension system, this is a very timely event.

Topics include:

  • Credit cards
  • 401(k)s
  • Mortgages
  • And other financial products.

Featured Speakers

As always we have invited top-academics to pitch new ideas in the area of consumer finances. We are pleased to announce that Richard Thaler of the University of Chicago has agreed to present the first proposal. A special feature of the conference will be that representatives of the United Kingdom will discuss new retirement products that are considered in the UK. These options are also highly relevant to the U.S.

Preliminary Agenda
Friday, May 1

U.S. Capitol Building Senate Wing Event Room

8:45 a.m. Welcome and Opening Remarks
Overview of Seminar Objectives
9:00 a.m. Electronic Disclosure: Using Modern Technology to Nudge
Richard Thaler (University of Chicago)
9:45 a.m. Encouraging Saving by Low Income Families
Emily Haisley (Yale University) and George Loewenstein (Carnegie Mellon University)
10:30 a.m. Break
11:00 a.m. A Recommender System to Nudge Consumers to Choose Mortgages and Houses that Match their Risks and Tastes
John G. Lynch (Duke University) and Susan Woodward (Sand Hill Econometrics)
11:45 a.m. Payday Lending and Bank Overdrafts
Dean Karlan (Yale University) and Jonathan Zinman (Dartmouth College)
12:30 p.m. Lunch with keynote speaker Ron Michaely: Taxes on Dividends
1:15 p.m. Facilitating Annuity Choices in the UK Personal Account System
Brigitte Madrian (Harvard University), David Laibson (Harvard University), John Beshears (Harvard University)
2:00 p.m. Consumer Behavior in Relation to Truth in Lending Disclosures
Suzanne Shu (UCLA)
2:45 p.m. Break
3:00 p.m. Behaviorally Informed Financial Services Regulation
Michael S. Barr (University of Michigan), Sendhil Mullainathan (Harvard University), Eldar Shafir (Princeton University)
3:45 p.m. Closing Remarks

Register for This Event

In order for us plan accordingly, please reserve now to indicate how many representatives from your organization will be able to attend. There will be no charge for participation, but we would like to limit the number of attendees to no more than two per organization.

Register for the conference online. Seating is limited and advance registration is required. More information about the event will be available soon.

Further Inquiries

Contact icj_events@rand.org.

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