0:00:00i
0:00:08well we've known for a number of use now that you mode decision making isn't
0:00:12rational that people make the states that emotional
0:00:16across multiple have been doing is not just studying the fact that people make mistakes
0:00:20for asking the more important question so what
0:00:24so let's talk about an example of knowledge that we use to encourage people to
0:00:27save more radio they were told that they needed to say forty degrees of every
0:00:32bp to take the word and the second dimension that used was a white on
0:00:37the look like this one simply by putting the cash hufnagel and setting aside
0:00:42increase the likelihood that they were actually see the one a second motion of the
0:00:46same or do we put photographs of the it should be you know and that
0:00:50dramatic increase the likelihood that they would save money
0:00:54so i one of my research interest is on understanding why people cheap so in
0:00:59particular why do honest people sometimes to dishonest things
0:01:03like fighting numbers on the text forms or and reporting the comments to in insurance
0:01:08company to say on the premiums
0:01:11and what network is shown that when we make the identity of oneself as an
0:01:16honest individual was saying then that using actually goes down
0:01:20so he has a very simple and intervention on how to curb dishonest this is
0:01:25an insurance for here you write down the come mileage use either everything that you
0:01:30filled out
0:01:32you data so in on this way so that you have interest for so he
0:01:36first sign
0:01:37that you will be honest
0:01:39and then you fill out your own over the mileage
0:01:42now
0:01:43what is found that says that you think of cells on the specimen time you
0:01:48fill out your comments and that should be used as honesty and that's exactly what
0:01:52we found in a large field experiment with insurance company in fact it made a
0:01:56difference of about fifty dollars per couple here
0:02:00so and notice that both
0:02:03notice
0:02:05we talked about so far a very easy they were very easy to implement their
0:02:09inexpensive and they don't restrict people's freedom of choice
0:02:14well in addition to being involved in the project on that you have also been
0:02:19working to develop guys what to a previous managers
0:02:23so in this on monday partitions kinda nudging for example if the uses a clear
0:02:28process of how to go of our knowledge
0:02:31so we also for the financial considerations in that what we summarize the current electronic
0:02:38payment systems with a focus on the moment
0:02:42and we look at and a consumer adoption issues and other implications issues really
0:02:49the mobile payment
0:02:50so the structure of the we talk about different ways in which consumers might find
0:02:54themselves in financial trouble due to excessive use of credits and a success extending and
0:03:00we talk about the ways to help them to overcome those problems
0:03:04i study overconfident spiders and have despite is a fax decision making
0:03:10i also study science and economics
0:03:14happiness
0:03:15as we call it hidden on makes a published papers and book chapters in these
0:03:20two domains
0:03:22in ongoing research we are involved in a menu project
0:03:28working with our number of it and for profit organisations
0:03:33for example in my set of projects we are interested in studying how to solve
0:03:38the last my problems and increase and uptake of areas wealthier initiatives
0:03:46in another set of project we are interested in studying how we can use double
0:03:51in size to help policymakers and design and the lever policy
0:03:56behavioral we implement in foreign policy
0:03:59and the third project we are working to develop
0:04:03mobile apps that in improve decision making
0:04:09i