The Consumer Financial Protection Bureau (CFPB) has set a date for the second event in its symposium series exploring various topics pertaining to consumer protection policies and their impact on the current financial services marketplace. The event is scheduled for Sept. 19 at 9 a.m. and will feature a panel discussion on Behavioral Economics and Consumer Financial Services Policy.
Similar to the first symposium, held in June, the second one will feature two panels of experts discussing the topic at hand. The discussion will be webcast on the CFPB’s website.
The first panel will include a discussion of the methodological foundations of behavioral economics among four academics with backgrounds in business, economics and marketing. Melissa Knoll, the section chief of decision-making and behavioral studies in the bureau’s Office of Research, will moderate the discussion, which will feature the following experts:
- Dr. Michael R. Baye, Ph.D., Bert Elwert professor of business, Indiana University Kelley School of Business;
- Dr. David Gal, Ph.D., professor of Marketing, University of Illinois at Chicago;
- Dr. John G. Lynch, Ph.D., senior associate dean for faculty and research, University of Colorado Leeds School of Business; and
- Dr. Brigitte Madrian, Ph.D., dean and Marriott Distinguished Professor, Brigham Young University Marriott School of Business.
The second panel will feature various industry insiders from federal agencies, private companies and academia discussing behavioral law and economics and consumer financial protection. Jason Brown, an assistant director in the CFPB’s Office of Research. The panel will be comprised of:
- Dr. Gregory Elliehausen, Ph.D., principal economist, the Federal Reserve;
- Dr. Brigitte Madrian, Ph.D., dean and Marriott Distinguished Professor, Brigham Young University Marriott School of Business;
- Dr. Janis K. Pappalardo, Ph.D., assistant director, Federal Trade Commission Bureau of Economics, Division of Consumer Protection;
- Josh Wright, executive director, ideas42; and
- Dr. Joshua D. Wright, Ph.D., JD, former FTC commissioner and University Professor of Law, George Mason University Antonin Scalia Law School.
Anyone planning to attend the symposium can RSVP at this link: https://consumer-financial-protection-bureau-4.forms.fm/cfpb-symposium-behavioral-economics/forms/7130
The CFPB’s first symposium of the series featured panel discussions about the meaning of the term “abusive” in the context of the Dodd-Frank Act’s unfair, deceptive or abusive acts and practices (UDAAP) prohibition.