RAND Behavioral Finance Forum 2011
Behavioral Finance and Public Policy Conference
- Bad Advice: Explaining the Persistence of Whole Life InsuranceSantosh AnagolThe Wharton School, University of Pennsylvania
The RAND Behavioral Finance Forum, an organization dedicated to helping consumers make better financial decisions, held a conference on behavioral finance and public policy on May 10, 2011, in Washington D.C. The purpose of the conference was to discuss new policy options in consumer finance with staff and members of Congress and other policymakers, and with representatives of academe and the financial industry. Captured in digital video, the conference highlighted new ideas intended to help consumers make better financial decisions and achieve better outcomes.
Content
Welcome and Opening Remarks: Overview of Seminar Objectives
Warren Cormier
President, Boston Research Group; Cofounder of BeFi
05:14
How Psychological Connectedness to the Future Self Affects Saving and Spending
Daniel M. Bartels
Columbia University
20:09
Borrow Less Tomorrow: Behavioral Approaches to Debt Reduction
Jonathan Zinman
Dartmouth College
24:20
Payday Borrowers and Pecuniary Mistakes
Jeremy Tobacman
The Wharton School of the University of Pennsylvania
19:51
Smarter Regulation: Applying Behavioral Economic Research to Policy Making
Tim Shakesby
Asset Management, European Commission, DG Internal Market and Services
12:32
A General Equilibrium Model of Homeownership
Jian Chen
Director of Risk and Modeling, Freddie Mac
31:11
An Experimental Study of Financial Decision-Making with Visual Analytics
Anya Savikhin
The University of Chicago
15:51
Cognitive Ability, Behavioral Biases, and Financial Decision Making Around the World
Shawn Cole
Harvard Business School
18:27
Bad Advice: Explaining the Persistence of Whole Life Insurance
Santosh Anagol
The Wharton School, University of Pennsylvania
21:28













