project

Heuristics and Biases in Home Care Package Resource Allocation

Research Project

Full description This project aims to examine behavioural economic features (heuristics and biases) of older Australians' decision-making processes under the client-directed care funding model. Examination of the presence and extent of heuristic thinking during budgeting decisions provides insights that can inform meaningful interventions, leading to improvements in both consumer welfare and allocative efficiency of home care packages.

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