Introducing behavioural insights to the Personal Property Securities Register

General Information

Project description

Building on BETA’s work with the Australian Financial Security Authority (AFSA) on applying behaviour science to the Personal Property Securities Register, BETA and AFSA are evaluating whether select recommendations make the registration process easier and if they lead to more accurate registrations.

Analysis Plan

Hypothesis

Select recommendations make the registration process easier and lead to more accurate registrations.

How hypothesis will be tested

The intervention will be evaluated through a clustered two-arm randomised controlled trial (RCT). Participants will be allocated as they register with a 50% chance of allocation to the treatment condition.

Dependent variables

Registration accuracy, interaction with the form, ease of use.

Sample Size. How many observations will be collected or what will determine sample size?

Expected sample size: 4,500 registrations

External link

https://behaviouraleconomics.pmc.gov.au/projects/introducing-behavioural-insights-personal-property-securities-register

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Australia

Canberra

Who is behind the project?

Institution: Prime Minister and Cabinet (PMC)

Team: Behavioural Economics Team of the Australian Government (BETA)

Project status:

Pre-registration

Methods

Methodology: Experiment, Online Experiment

Could you self-grade the strength of the evidence generated by this study?: 10

Data collection: Have any data been collected for this project already?: Not mentioned

Start date: 12/16/2020

What is the project about?

Policy area(s): Finance, Technology

Topic(s):

Date published:

4 June 2021