馃搮 Date: March 21, 2025
馃搷 Location: BC 251, 好色先生TV
鈴 Time: 12:00 PM 鈥 1:00 PM
馃イ Snacks and drinks provided!
Insurance markets can be influenced by peer behavior, leading to what鈥檚 known as an information cascade鈥攁 situation where individuals follow the choices of others, even when their private information suggests they should act differently. For example, if you notice that your neighbors are forgoing insurance, you might do the same, even if your own risk level suggests that purchasing coverage would be the smarter move.
Through laboratory experiments, Justin Roush investigates whether these cascades form when risks are correlated or uncorrelated and explores how individuals鈥 perceptions of their peers鈥 risk-taking behavior affect their own decisions.
This event is perfect for:
鉁旓笍 Students interested in behavioral economics, finance, and decision-making.
鉁旓笍 Faculty and researchers studying risk assessment and insurance markets.
鉁旓笍 Business professionals looking to understand consumer behavior in insurance and financial markets.
Join us for this engaging session and gain valuable insights into the forces shaping insurance markets. Register now by scanning the QR code on the event flyer or clicking the link below!
Don鈥檛 miss this opportunity to expand your understanding of how risk, information, and decision-making interact!
