Macroeconomics Research Group

Behavioral Economics & Consumer Behaviour

Are fast-loan markets undermining or promoting welfare? How should information about prices and product characteristics be provided to consumers? How does the framing of the offer influence sales and perceptions about quality? What if consumers make consumption choices that are self-harming, how should such markets be regulated in order to promote well-functioning markets and welfare?

The inter-dependencies between competition and consumer policy have been increasingly recognized by academics and policy makers alike. Even in Finland consumer policy authorities, on the one hand, and competition policy authorities, on the other hand, merged under the same roof when The Finnish Competition and Consumer Policy Authority was established in 2013. Behavioural economics and consumer research are key to understanding the connections between competition and consumer policies, since this research aims at understanding and quantifying the sometimes irrational (in the sense of self-harming) decision making by consumers thus providing tools for integrating consumer protection and competition policy analysis. Under the umbrella of “behavioral economics & consumer behavior”, these and related questions are being studied.

 

Jaakko Aspara, Professor of marketing and consumer behavior

Marja-Liisa Halko, Lecturer

Daniel Hauser, Post-Doctoral Researcher

Kaisa Kotakorpi, Research professor

Simon Lapointe, Post-doctoral Researcher

Peter H. Matthews, Visiting professor

Topi Miettinen, Chair of the group 

Jukka Pirttilä, Professor

Lauri Sääksvuori, Senior researcher

Erik Wengström, Hanken visiting professor 2019-20

Xiaogeng Xu, Post-doctoral researcher

 

Tuomas Nurminen, PhD Student

Satu Metsälampi, PhD Student

 

Visitors at Hanken & Helsinki GSE

  • Social comparison and risk taking
  • Causes of bargaining failure

Seminars and workshops

1st BeSP Symposium: Intervention evaluation & field experiments May 14th and 15th

Registration link: https://www.lyyti.fi/reg/1st_BeSP_Symposium_Intervention_evaluation__field_experiments_1092

 

May 16th  Mira Fisher,  at 10H30, VATT seminar on, Economicum 4th floor, VATT seminar room

May 17th Jeffrey Carpenter at 14H30, Economicum 1st floor, seminar room 3-4

June 13th Michalis Drouvelis at 10H30, VATT seminar on, Economicum 4th floor, VATT seminar room

 

Reading group meetings

the first Thursday of each month at 3PM – 4:15PM in Economicum 4th floor the meeting room. Upcoming meetings:

  • April 4th at 3PM
  • May 9th at 3PM
  • June 6th at 3PM

 

Courses in 2019-20

Field experiments and quasi-experiments in marketing and behavioral economics (PhD level course in marketing, Hanken), April & May 2019, lectured by professor in marketing Xueming Luo

Experimental economics (Bachelor level, University of Helsinki), Autumn 2019, lectured by senior researcher Lauri Sääksvuori

Behavioural and experimental economics (Mastes level, Hanken), October – December 2019, lectured by visiting professor Erik Wengström

Behavioural economics I (PhD level, Hanken), October – December 2019, lectured by visiting professor Erik Wengström