Financial wellness credit
8
Resources for Credit and Behavioral Economics Deborah Kozdras [email protected] USF Stavros Center http:// stavros.coedu.usf.edu http://tinyurl.com/ StavrosCredit Workshop funded by:
-
Upload
yumonomics -
Category
Education
-
view
35 -
download
2
Transcript of Financial wellness credit
Resources for Credit and Behavioral Economics
Deborah Kozdras [email protected] USF Stavros Center http://stavros.coedu.usf.edu
http://tinyurl.com/StavrosCredit
Workshop funded by:
Why did I do that?
Habits (Heuristics) & Biases
Fruit Vs. Chocolate(Read and van Leeuwen, 1998)
• Deciding today, would you choose fruit or chocolate for next week?
• 74% choose fruit• Deciding today, would
you choose fruit or chocolate for today?
• 70% choose chocolate
Framing
Predatory Lending
An Apple or a Donut?