📅 Date: March 21, 2025
📍 Location: BC 251, Northern Kentucky University
⏰ Time: 12:00 PM – 1:00 PM
🥤 Snacks and drinks provided!
Insurance markets can be influenced by peer behavior, leading to what’s known as an information cascade—a situation where individuals follow the choices of others, even when their private information suggests they should act differently. For example, if you notice that your neighbors are forgoing insurance, you might do the same, even if your own risk level suggests that purchasing coverage would be the smarter move.
Through laboratory experiments, Justin Roush investigates whether these cascades form when risks are correlated or uncorrelated and explores how individuals’ perceptions of their peers’ risk-taking behavior affect their own decisions.
This event is perfect for:
✔️ Students interested in behavioral economics, finance, and decision-making.
✔️ Faculty and researchers studying risk assessment and insurance markets.
✔️ Business professionals looking to understand consumer behavior in insurance and financial markets.
Join us for this engaging session and gain valuable insights into the forces shaping insurance markets. Register now by scanning the QR code on the event flyer or clicking the link below!
Don’t miss this opportunity to expand your understanding of how risk, information, and decision-making interact!
