Behaviorial Science Foundation of Conduct Regulation

Behaviorial Science Foundation of Conduct Regulation

The history of regulation is built on the idea that if people listen to instructions with their rational brain, they’ll behave better. Meanwhile, in reality, people are using their animal brains to make decisions. In this video, Roger explains concepts featured in behavioural science and why regulators are using this field to inform policy decisions.
Overview

Conduct regulators get their ideas from the studies of how humans actually behave. This is called Behavioral Science. They study the different parts of our brains and how it leads to the decisions we make.

Key learning objectives:

  • Gain an understanding of Behavioural Science

  • Understand heuristics and biases

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