23712 Behavioural Approach to Investment and Insurance Decisions3cp
Requisite(s): 23710 Behavioural Decision Making AND 23711 Behavioural Game Theory
These requisites may not apply to students in certain courses.
There are course requisites for this subject. See access conditions.
This subject equips students with insights from Behavioural Economics to understand the drivers of financial decisions made by individuals and households. The subject will in particularly look at the many challenges individuals face to make good decisions: uncertainty about long-term preferences, difficulty to stick to long-term plans, inaccurate beliefs about future risks and opportunities. This knowledge is useful in a wide range of industry applications from product design to marketing.
Detailed subject description.