Psychological Perspectives on Financial Decision Making

Psychological Perspectives on Financial Decision Making
ISBN-10
3030455009
ISBN-13
9783030455002
Category
Psychology
Pages
356
Language
English
Published
2020-07-21
Publisher
Springer Nature
Authors
Tomasz Zaleskiewicz, Jakub Traczyk

Description

This book reviews the latest research from psychology, neuroscience, and behavioral economics evaluating how people make financial choices in real-life circumstances. The volume is divided into three sections investigating financial decision making at the level of the brain, the level of an individual decision maker, and the level of the society, concluding with a discussion of the implications for further research. Among the topics discussed: Neural and hormonal bases of financial decision making Personality, cognitive abilities, emotions, and financial decisions Aging and financial decision making Coping methods for making financial choices under uncertainty Stock market crashes and market bubbles Psychological perspectives on borrowing, paying taxes, gambling, and charitable giving Psychological Perspectives on Financial Decision Making is a useful reference for researchers both in and outside of psychology, including decision-making experts, consumer psychologists, and behavioral economists.

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