PPT-When to pay? Consumer decisions about immediate vs future losses

David Hardisty Haas Presentation 087 now 329 now Hardisty Orlove Krantz Small Milch. . Professor . Dr Peter Lohmander . SLU, Sweden, . http://www.Lohmander.com. . Peter@Lohmander.com. . . The 8th International Conference of . Iranian Operations Research Society . Department of Mathematics Ferdowsi University of Mashhad,  Mashhad, Iran. . Competency 2.00. Understand economic challenges of individuals and families.. Objective 2.02. Understand threats to financial security.. Easy Money. 2.02A “Get Rich Quick”. Wouldn’t it be nice if we could “GET RICH QUICK!”. 01.08.2013. Agenda. Power Sector Model Post Unbundling. Challenges . PPP Model . Vs. . Franchisee. Multiple . licensing. PPP Model in Delhi. Success story of PPP Model in Delhi. 2. 3. Power Sector Model Post Unbundling. Stage 5 Commerce. Students learn about:. D. ecisions . affecting the quality of our . lives. C. onsumer . Financial . Business . Employment. Legal . Environmental . Students learn to. :. I. nvestigate . Costs $100 million. Prevents on average $20 million of losses per years. Project B. Costs $90 million. Prevents on average $5 million of losses per years. 3. Project A. Costs $100 million. Prevents on average $20 million of losses per years. The Actuarial Function. What is . an . actuary? (film). Actuarial Functions. Ratemaking. Estimation of unpaid liabilities – reserves. Predictive mining tools. 9 - . 2. Other Actuarial Tasks. Analyzing reinsurance needs to determine the level and concentration of risk the insurer can retain versus the cost of reinsurance. Keith Marzilli Ericson. February 24, 2015. Boston University and NBER. www.practicingeconomist.com. Consumer Decisions on HIX. Learning from . Pre-ACA HIX . Medicare Part D. Rx drug insurance for elderly, 2006 . Drivers of change?. Consumer Demand. Professionals. Mobile Devices. Regulation. . Millenials. big influence. This growing population is a big part of the change!. Have a knack for Technology. in behavioral economics. Part I: Changing Rewards and Penalties. Short-term. Impulsive . Doer. Passions. Affective/Visceral. Hot state . Long. -term. P. atient. . Planner. Impartial spectator. Deliberative . 1 2 : “Do Not Resuscitate” (DNR) orders A competent consumer may refuse medical treatment, even if the treatment would be in his or her best interests. Section 11 of the New Zealand Bill of Rig DECISIONS. !. DECISIONS . DECISIONS. !. DECISIONS . DECISIONS. DECISIONS . DECISIONS. LEGIT!?!?. What is a consumer?. Consumer. -Anyone who uses a service or a product. . What is consumer health?. Consumer Health.  . Rosa Rolle. Senior Agro-Industries and Post-harvest Officer . Forces that Currently Shape the Region’s Rice Post-Production Sector. Rising incomes and more demanding consumers. Urbanization and changing diets. Capital . Budgeting. Capital . budgeting is the making of long-run. planning decisions for investments in. projects and programs.. It . is a decision-making and control tool that. focuses primarily on projects or programs. the . Lifespan. Eric J. Johnson. Marketing . Division, the . Center for Decision Sciences. and the Consumer Financial Protection Bureau. FRB Atlanta July 23, 2014. Supported by NSF Grant SES-0352062, National Institute for Aging .