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Grant Award View - GA28378-V1

Understanding and overcoming confusion in consumer financial decisions

Contact Details

ARC NCGP General Enquiries

Phone:
02 6281 6600

Email Address:

GA ID:
GA28378-V1
Agency:
Australian Research Council
Approval Date:
27-Nov-2018
Variation Publish Date:
22-Jan-2019
Variation Date:
1-Feb-2019
Category:
Humanities, Arts and Social Sciences (HASS) Research
Grant Term:
1-Feb-2019 to 31-Jan-2022
Value (AUD):
$660,000.00 (GST inclusive where applicable)
Varies:
GA28378 - Understanding and overcoming confusion in consumer financial decisions

Ad hoc/One-off:
No
Aggregate Grant Award:
No

PBS Program Name:
ARC 18/19 Discovery
Grant Program:
Discovery Projects
Grant Activity:
Understanding and overcoming confusion in consumer financial decisions
Purpose:
This project aims to develop consumer-centred approaches to reducing the harmful effects of confusion in financial decisions by studying superannuation investment and home loan decisions where confused choices are individually and collectively costly. The project intends to develop comprehensive models to capture the full complexity of financial products and the diverse preferences and capability of consumers, then to use advanced statistical methods to estimate the benefits of clearer decision-making. The outcomes of this project includes new models of complex financial decisions, and a better understanding of where confusion arises and the effects it may have. Decreased confusion will raise financial well-being and help communities become more resilient to financial shocks.

GO ID:
GO Title:
Discovery Projects commencing in 2019
Internal Reference ID:
DP19 Round 1
Selection Process:
Targeted or Restricted Competitive

Confidentiality - Contract:
No
Confidentiality - Outputs:
No

Grant Recipient Details

Recipient Name:
The University of Sydney
Recipient ABN:
15 211 513 464

Grant Recipient Location

Suburb:
SYDNEY
Town/City:
SYDNEY
Postcode:
2000
State/Territory:
NSW
Country:
AUSTRALIA

Grant Delivery Location

State/Territory:
NSW
Postcode:
2000
Country:
AUSTRALIA

Contact Details

ARC NCGP General Enquiries

Phone:
02 6281 6600

Email Address: