Dan Egan - Behavioral Finance During COVID-19

Dan Egan, Director of Behavioral Finance and Investing at Betterment, joins our hosts Erik and Zarak to discuss financial and investment behavior during times of crisis. What does today’s coronavirus pandemic have in common with previous crises that negatively impacted the economy and financial markets? What is unique to this particular situation? How have most investors responded so far? What roles do fear, control, and adaptability play? How can we better leverage basic behavioral science concepts such as nudging and mental accounting? What is the relationship between physical health, mental stress, and financial decision-making? What are some things we can be doing from home to help ourselves and others during this time? These questions and more are answered in this latest episode. Take a deep breath, try to relax (maybe turn off the news and social media notifications for a few minutes), and enjoy!

Om Podcasten

Action Design Radio explores a variety of topics through the lens of behavioral science and psychology. Hosts Erik Johnson and Zarak Khan interview experts and practitioners to learn about cutting edge behavioral research, and how to practically apply it to fields like public policy and consumer products. The podcast is supported by the Action Design Network, a 501(c)3 non-profit organization founded in 2012 to promote the use of behavioral economics and psychology with over 10,000 members across the US and Canada.