π
Date: March 21, 2025
π Location: BC 251, ΒιΆΉΛήΙα΅ηΚΣΎη
β° Time: 12:00 PM β 1:00 PM
π₯€ Snacks and drinks provided!
Insurance markets can be influenced by peer behavior, leading to whatβs known as an information cascadeβa 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 individualsβ perceptions of their peersβ risk-taking behavior affect their own decisions.
This event is perfect for:
βοΈ Students interested in behavioral economics, finance, and decision-making.
βοΈ Faculty and researchers studying risk assessment and insurance markets.
βοΈ 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!
Donβt miss this opportunity to expand your understanding of how risk, information, and decision-making interact!
