Opendata, web and dolomites


Learning to bracket broadly

Total Cost €


EC-Contrib. €






Project "BROAD" data sheet

The following table provides information about the project.


Organization address
address: Minderbroedersberg 4-6
postcode: 6200 MD

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Netherlands [NL]
 Project website
 Total cost 177˙598 €
 EC max contribution 177˙598 € (100%)
 Programme 1. H2020-EU.1.3.2. (Nurturing excellence by means of cross-border and cross-sector mobility)
 Code Call H2020-MSCA-IF-2016
 Funding Scheme MSCA-IF-EF-ST
 Starting year 2017
 Duration (year-month-day) from 2017-04-01   to  2019-03-31


Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 


 Project objective

As a consequence of reforms of the social security systems in the EU, consumers increasingly face numerous investment decisions that involve risk, such as how to allocate their retirement savings between risky and safe assets. However, consumers often fail to make optimal choices. A key aspect in this context is whether and how people integrate (or “bracket”) the many different choices under risk they face. Evidence suggests that people often bracket narrowly, i.e., they view each choice in isolation and not in the context of the other choices they face, thereby often making choices that are not in their best interest. Understanding what determines how people bracket their choices is therefore of crucial importance. An important open question is whether people can (be induced to) “learn” to bracket broadly through a clever design (or “framing”) of the decision environment. I will investigate this question in a laboratory experiment to establish the scope and limits of learning to bracket broadly. Making the insights transferable across contexts and institutional features requires knowledge about the cognitive mechanisms of this learning. I use recent advances in neuroeconomics to gain a better understanding of these mechanisms using functional magnetic resonance imaging. The project will build on my initial experience in research on choice bracketing and complement this with the existing strengths in behavioral economics and neuroeconomics, as well as, the excellent research and training infrastructure at Maastricht University. The insights gained will lead to a better understanding of how individuals deal with multiple decisions involving risk and “the way consumers understand and choose financial services” (European Consumer Agenda). The project will contribute to the design of policy interventions that help consumers make better decisions via a grant proposal with an industry partner and comprehensive dissemination and communication activities.

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The information about "BROAD" are provided by the European Opendata Portal: CORDIS opendata.

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