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Behavioural economics and financial capability

Geoff Riley

8th October 2008

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Nearly ten per cent of tenants buy buildings insurance for the property they live in despite the fact that only Landlords can claim. Winning the the National Lottery is a significant part of the financial planning of one in seven people in Yorkshire (according to a recent report from the Skipton Building Society).

Students of behavioural economics will find plenty to chew over in this recent report on financial capability produced by the much maligned FSA.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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