Financial Decision Making
Introduction
Boulder Summer Conference on Consumers? Financial Decision Making, Boulder, 26-28 Jun 2010; Extended abstract deadline 15 Dec
ARC: Connections: ELMAR: Posting
Boulder Summer Conference on Consumers’ Financial Decision Making
June 26-28, 2010
Hotel Boulderado, Boulder, Colorado
Please save the dates, June 26-28, 2011, for the Second Annual Boulder Summer Conference on Consumer Financial Decision Making. The conference will be held at the St. Julien Hotel at a great time of year to visit Boulder, Colorado.
Consumer financial decision-making is a topic that is naturally interdisciplinary. No one field can claim to have all the answers, so there is a very real benefit to having a forum like this for conversation with scholars from different fields. Last year, we had world-renowned scholars Finance, Economics, Decision Sciences, Consumer Sciences, Marketing, Neuroscience, Psychology, and Behavioral Economics; the conference was enriched by participation of regulators and experts from nonprofit organizations with a mission to promote better financial decision making. Please see this link for last year’s program.
Consumer welfare is strongly affected by household financial decisions large and small: choosing mortgages; saving to fund college education or retirement; using credit cards to fund current consumption; choosing how to “decumulate” savings in retirement; deciding how to pay for health care and insurance; and investing in the stock market. In all of these domains, consumers are often poorly informed and susceptible to making serious errors that have large personal and societal consequences. Basic research from all of the disciplines above can inform our understanding of how consumers actually make such decisions and how consumers can be helped to make better decisions by innovations in public policy, business, and consumer education.
The conference is co-sponsored by the Center for Research on Consumers’ Financial Decision Making at the University of Colorado and by the Leeds School of Business.
Conference Format
We begin with one 75-minute "Conversation Starter" session Sunday late afternoon with two concurrent sessions with three papers each. Monday and Tuesday we will have 10 total plenary sessions of 75 minutes each, each with two related papers and a discussant. The conference will be highly interactive, with plenty of time built into each session for discussion and opportunities for informal interaction built into our receptions and luncheons at fun places near the St. Julien.
Submission Deadlines for Extended Abstracts and Final Papers
Deadline for extended abstract submissions: December 15, 2010. The conference co-chairs will select papers for presentation at the conference based on extended abstracts, with the understanding that selected papers will be complete and available for review by discussants one month prior to the conference. Selections will be based on quality, relevance to consumers’ financial decision making, and contribution to breadth of topics across the conference as a whole. Some preference may be given to papers by junior faculty.
Deadline for completed papers: May 27, 2011. Complete papers to be presented at the conference should be provided to the conference co-chairs and discussants one month in advance of the conference.
Please see the conference website (still under construction) at:
http://leeds.colorado.edu/bouldersummerconference