Publications in: Behavioural and experimental economics
Study on the Functioning of the Consumer Credit Market in the EU
| Published: | 12 June, 2014 |
|---|
Presentation to Eurofinas, Brussels, June 12th, 2014.
Study on the Functioning of the Consumer Credit Markets in the European Union – May 2014
| Published: | 20 May, 2014 |
|---|
The study assesses the degree to which Consumer Credit Directive (CCD) fulfilled its principal objectives, namely: a) fostering an internal credit market in the EU, with a positive impact, in particular on crossborder competition; and, b) providing a high level of protection of consumers regarding consumer credits. The study focuses on the impact of the […]
General Insurance Add-ons: Experimental Consumer Research Report
| Published: | 13 March, 2014 |
|---|
Behavioural experiment by London Economics which formed part of the FCA’s Add-on Insurance Market Study. The experiment with 1,500 UK residents tested for common patterns of consumer behaviour that arise due to add-on insurance mechanisms and assessed how insurance add-ons may lead to poor outcomes for consumers in these markets.
Financial Conduct Authority Practical Use of Behavioural Experiments in Financial Regulation – March 2014
| Published: | 25 March, 2014 |
|---|
The Financial Conduct Authority finds that behavioural experiments have an important role to play in financial regulation, and often provide insights into the ways markets work that may not be possible otherwise. Download the paper on the practical application of behavioural experiments in financial regulation jointly authored by London Economics and the FCA.
Voluntary Food Labelling Schemes Study
| Published: | January, 2014 |
|---|
This market study for the European Commission included a pan-European behavioural experiment to test consumer willingness to pay for products associated with voluntary food labelling schemes. The study also included a web sweep of voluntary food labelling scheme in Europe, a consumer survey and assessment of schemes performance with the requirements of the 2010 Commission […]
Using Behavioural Experiments to Identify Consumer Problems in Markets: Partitioned Pricing Practices
| Published: | January, 2014 |
|---|
This presentation at the OFT’s Economic Seminar series, considers how behavioural experiments can be used to identify problems consumers can have in markets and details an experiment completed for the OFT on partitioned pricing, the practice of splitting prices into parts. The study identifies that these pricing practices can reduce consumer welfare and lead to […]
Using Behavioural Experiments to Inform Consumer Policy in Financial Markets
| Published: | December, 2013 |
|---|
A presentation at the Behavioural Finance Working Group conference, practitioners session on behavioural economics applied to finance markets. This presentation looks at applied policy examples of behavioural experiments relevant to consumer decision making in regard to financial products.
Barriers to Cross-border Health Care: Can Behavioural Insights Help?
| Published: | September, 2013 |
|---|
Presentation at European Commission conference on Applying Behavioural Insights to Policy-Making 30th September 2013.
Partitioned Pricing Research: A Behavioural Experiment
| Published: | August, 2013 |
|---|
London Economics was commissioned by the Office of Fair Trading to undertake a behavioural economics study into how partitioned pricing, which is the practice of splitting the price of a good or service into multiple components, affects consumer decision making. The study builds upon earlier research by London Economics for the OFT on the impact […]
Using Behavioural and Experimental Economics to Understand Consumer Behaviour
| Published: | August, 2013 |
|---|
Presentation at Copenhagen Summer University, Executive Course in Behavioural Economics and Psychology of Choice 12th – 16th August 2013 This session at the University of Copenhagen provided applied examples of behavioural experiments that have been used to inform policy development. It covers pricing practices, consumer switching and consumer understanding of contracts. The session also explored […]