CRIFER Seminar Series a Success
Monday, 24 May 2010
The Centre for Retirement Incomes and Financial Education Research (CRIFER) held two seminars over May, presented by Professor Douglas Hershey from Oklahoma State University.
The first seminar, titled ‘Mapping the Minds of Retirement Planners,’ focused on how working adults make complex retirement saving decisions in preparation for old age. In turn, attendees were able to take away an appreciation for the manner in which social scientists are meeting the challenge of understanding how individuals make personally consequential financial planning decisions.
Following, Professor Hershey presented on ‘Financial Planning for Retirement: Interdisciplinary influences viewed through a cross cultural lens.’
In this colloquium, he examined the known motivational forces that lead individuals to plan and save for the future. In doing so, Professor Hershey explored how motivational forces influence behaviour cross-culturally by comparing the saving practices of individuals who live in countries with distinctly different retirement finance systems.
Professor Hershey currently serves as a Professor of Lifespan Developmental Psychology at Oklahoma State University, where he is director of the Retirement Planning Research Laboratory. For the past 20 years, Professor Hershey has examined the development of life planning and decision making abilities in adults.
For more information on our research, please visit the CRIFER research pages.