Behavioural economics and the future of regulation: nudge not prescription?

31 October 2013, 6.30pm
Institute of Directors, Pall Mall, London

The IEA is pleased to announce the 2013 Beesley Lectures

Speaker: Paul Ormerod, London and University of Durham, Volterra Partners LLP

Commentator: Chris Woolard, Director of Risk, Policy and Research, Financial Conduct Authority

Behavioural economics has been gaining ground beyond academia in recent years and now represents a significant theoretical influence on current regulatory policy-making. This lecture will explore what the “nudge” approach means in practice. Chris Woolard of the FCA will examine how it is likely to influence regulation in the years to come.

The Beesley Lectures are a series of eight annual lectures covering regulated industries in the UK. The lectures are held in memory of Professor Michael Beesley, who was a leading architect of the British  system of utility regulation and