Loi M Bakani: Commodity and food prices, inflation and monetary policy in Papua New Guinea Presentation by Mr Loi M Bakani, Governor of the Bank of Papua New Guinea, to the National Research Institute Food Security Policy Conference on “High food prices in Papua New Guinea”, Port Moresby, 6 September 2011.
These tools build on important advances in our understanding of consumer financial behavior and the applications, or “app,” ecosystem. Researchers have invested decades of work exploring how consumers actually make decisions. We all tend to use shortcuts to simplify financial decisions, and it turns out many of these can prove faulty, particularly when dealing with complex problems.