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  Consumer Affairs – Behavioural Economics, so What: Should Policy-Makers Care? - Programmeslide
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Behavioural Economics, so What: Should Policy-Makers Care?


Albert Borschette Centre
36, Rue Froissart
1040 Brussels

Monday November 22 2010


PROGRAMME

( Click here for a more detailed version of the programme pdf)

8.00-9.00

Registration

Introduction

9.00-9.20

Official Welcome - Ms. Jacqueline Minor Video Clip
Director of Consumer Affairs, DG SANCO (Health and Consumers)

9.20-9.40

Opening address - Mr. John Dalli Video Clip
EU Commissioner, Consumers and Health

Session 1

Behavioural Economics: Should policy-makers care?

9.40-10.05

Prof. David Laibson pdfPresentation Video Clip
Harvard University
Behavioural economics: main contributions and limitations. Evidence from case studies

10.05-10.30

Dr. David Halpern pdfPresentation Video Clip
Deputy Director, Institute for Government; Head of the UK Government's "behavioural insight team"
MINDSPACE, Influencing behaviour through public policy

10.30-11.00

Discussion, Session 1

11.00-11.20

Morning Tea or Coffee

Session 2

Behavioural Economics: Main Results from Recent Studies

Session 2a

A Behavioural Study Carried out by the UK Office of Fair Trading

11.20-11.40

Prof. Steffen Huck, University College of London pdfPresentation Video Clip
Impact of price frames on consumer decision making

Session 2b

The 1st Behavioural Study on Retail Investment Services Conducted on behalf of the European Commission

11.40-12.30

Prof. Nick Chater, Warwick Business School, Decision Technology
Prof. Roman Inderst, Johan Wolfgang Goethe Universität Frankfurt
Prof. Steffen Huck, University College of London

pdfPresentation Video Clip: Part I | Part II

  1. Rationale of the behavioural study on retail investment services
  2. Methodology and findings of the questionnaire and the experiments
  3. Policy Implications and recommendations

12.30-13.00

Discussion, Session 2

13.00-14.20

Buffet Lunch

Open
Discussion

Policy Implications and Solutions, in Retail Investment Services

14.20-15.20

Chair: Ms. Jacqueline Minor
Director of Consumer Affairs, DG SANCO (Health and Consumers)

Panellists:
Mr. Ugo Bassi, Head of Unit of Asset Management, DG Internal Market and Services
Ms. Monique Goyens, Director General, BEUC pdfPresentation
Mr. Guido Ravoet, Secretary General, European Banking Federation
Prof. Steffen Huck, University College of London
Prof. Roman Inderst, Johan Wolfgang Goethe Universität Frankfurt, Imperial College of London

15.45-16.15

Afternoon Tea or Coffee will be available outside the room

Session 3

Current Behaviourally-inspired Policies

15.20-15.45

Prof. Cass Sunstein (Video-link from Washington)
Administrator of OIRA, US Office for Information and Regulatory Affairs
The New US Government Open Directive: Disclosure and Simplification as Regulatory Tools

The speakers will address the following questions:

  1. How did the US Government go about regulating some markets in the past, and how behavioural economics is going to change the old approach?
  2. Is behavioural economics only about providing better information or simplification?

15.45-16.00

Discussion, Session 3

Roundtable
discussion

Policy implications and solutions

16.00-17.00

Chair:
Ms. Paola Testori Coggi Video Clip
Director General, DG SANCO (Health and Consumers)

Speakers:
Mr. Michael Fitzpatrick, Associate Administrator of OIRA, US Office for Information and Regulatory Affairs
Dr. Alexander Italianer, Director General, DG Competition
Dr. David Halpern, Deputy Director, Institute for Government; Head of the UK Government's "behavioural insight team"
Prof. David Laibson, Harvard University

Closing remarks

17.00-17.10

Ms. Paola Testori Coggi pdfPresentation
Director General, DG SANCO (Health and Consumers)



First conference on Behavioural Economics: How Can Behavioural Economics Improve Policies Affecting Consumers?


This conference is being organised by the European Commission, DG Health and Consumers

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