Behaviorial Science Foundation of Conduct Regulation
The history of regulation is built on the idea that if people listen to instructions with their rational brain, they’ll behave better. Meanwhile, in reality, people are using their animal brains to make decisions. In this video, Roger explains concepts featured in behavioural science and why regulators are using this field to inform policy decisions.
Overview
Conduct regulators get their ideas from the studies of how humans actually behave. This is called Behavioral Science. They study the different parts of our brains and how it leads to the decisions we make.
Key learning objectives:
Gain an understanding of Behavioural Science
Understand heuristics and biases
Summary
Expert
Roger Miles
Roger researches behavioural risks in organisations, and advises senior leaders on how best to communicate risk and conduct matters. Previously, Roger ran risk communication programmes for professional bodies and the British Government. He now runs industry-level Academies for Conduct and Culture, and produces workshops with financial firms.
