14 June 2022 - Behavioural science and regulation: ASIC article in the Behavioural Economics Guide 2022
In a recent article published in the international Behavioural Economics Guide 2022, ASIC shares how regulators and financial services firms can use behavioural insights to get better outcomes for consumers.
- ASIC has shared its insights on how consumer outcomes are being influenced in a recent article published in the Behavioural Economics Guide 2022.
- The article revealed how some firms have exploited or ignored consumers’ behavioural vulnerabilities in the choice architecture of their products.
- ASIC reminds firms to design and distribute their products appropriately to meet consumer needs.