Essay on Using Behavioural insights to protect consumers

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Reference no: EM133142271 , Length: word count: 1200 words

Assignment - During industry week, you saw two presentations from our industry speakers, Janine Bialecki and Timo Volkmer. Choose one of the following two projects to write your analytical essay on.

Write analytical essay on Project 1 - Using Behavioural insights to protect consumers.

You have been hired by the Australian Competition and Consumer Commission (ACCC) to design a policy that protects consumers from manipulative behaviour by organisations. Choose 2 concepts from behavioural economics that you think can help inform the ACCC's policy design. You can choose either concepts discussed by Janine, concepts discussed in the lectures, or your own ideas. Explain both concepts, how they can be used, and how they might be tested in a lab or field experiment.

Essay Format -

Title+ Student Name /ID +Word Count

Table of Contents (not included in the word count)

Introduction - Discuss briefly all the concepts you want to use to solve the issue you chose.

How these concepts will be used - Why did you choose these concepts? Why do you think they ware appropriate and relevant? How will they be applied?

Testing them in the lab/Field - Provide an example of how you will test the concept in real life (can be field or lab experiment) using control and treatment groups. This can be unique; you can form your own experiment.

Conclusion - Overview of the essay

References - There is no min or max number of references required you can use (this is up to you). Ref not included in the word count.

Reference no: EM133142271

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