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EVENTS

Series
Distinguished Speaker Series
The Political Economy of International Financial Crises
Open To
SMU Community
Event Image
The Political Economy of International Financial Crises

Synopsis

The figure above demonstrates the Müller-Lyer illusion, where equal-length lines appear different due to cognitive processing, illustrating how perceptions can mislead us – a key concept in Behavioural Economics. This field explores how psychological attributes affect economic decisions. Our lecture will first examine examples of how these attributes lead to seemingly irrational decisions. Then we will discuss leveraging an understanding of behavioural biases to subtly influence decision-making contexts, nudging individuals towards more desirable choices.

Speaker

Speaker Details

Jamus Lim

Jamus Lim Jamus Lim is Associate Professor of Economics at ESSEC Business School and a member of the 14th Parliament of Singapore, representing Sengkang. Previously, he was the chief economist of the ThirdRock Group, an investment management and wealth advisory firm, a lead economist at the Abu Dhabi Investment Authority and before that, a senior economist with the World Bank. His research expertise and interests lie at the intersection of international macro-finance, political economy, and development economics, and his work has appeared in leading academic journals such as the Journal of Monetary Economics and Journal of Money, Credit, and Banking, along with policy flagships such as the World Bank's Global Economic Prospects and the joint IMF-World Bank Global Monitoring Report. An old Rafflesian, he graduated with first-class honors in economics from the University of Southern Queensland, and went on to graduate work at the London School of Economics, the University of California, and Harvard University.

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