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Grant Award View - GA28378

Understanding and overcoming confusion in consumer financial decisions

Contact Details

ARC NCGP General Enquiries

:
02 6281 6600

:

GA ID:
GA28378
Agency:
Australian Research Council
Approval Date:
27-Nov-2018
Publish Date:
18-Dec-2018
Category:
Humanities, Arts and Social Sciences (HASS) Research
Grant Term:
1-Feb-2019 to 31-Jan-2022
Original: 1-Jan-2019 to 31-Dec-2021
Value (AUD):
$660,000.00 (GST inclusive where applicable)
Variations:

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

:
02 6281 6600

: