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 a Managing Trustee of the Institute of Economic Affairs. He founded the series in 1991 and organised them until