Behavioral Economics

News

Behavioral finance symposium summary paper now available

May 17, 2018

On September 14-15, 2017, the University of Michigan’s Center on Finance, Law, and Policy and behavioral science research and design lab ideas42 brought together influential leaders from academia, government, nonprofits and the financial sector for...

News

Why employers make you opt-out of retirement contributions and banks want you to round up your change: an intro to behavioral finance

Mar 6, 2017

In their 2008 book Nudge, researchers Richard Thaler and Cass Sunstein distinguish between two types of individuals: humans and Econs. Econs are “these strange creatures” found only in economics textbooks. They are unemotional, smart and never have...

CFLP Update

ERISA advisory council testimony: why employees roll over their retirement accounts even when it hurts them

Oct 4, 2016

In testimony before the Advisory Council on Employee Welfare and Pension Benefit Plans, more commonly known as the ERISA Advisory Council on August 23, 2016, University of Michigan’s Robert L. Dixon Collegiate Professor of Business and Arthur F....

Systemic Risk & Market Integrity

Financial stability

Since 2015, we have hosted an annual large-scale conference with the U.S. Office of Financial Research to convene regulators, policymakers, journalists, and researchers from a wide variety of disciplines to present research on different topics impacting financial...