Psychological Perspectives on Financial Decision Making

Specifications

Book Description

This ebook examines the most recent findings from the fields of neuroscience, psychology, and behavioral economics, focusing on how people make decisions regarding their finances when faced with real-world challenges. The book is broken up into three parts that investigate the process of financial decision making on three different levels: the level of the brain; the level of society; and the level of an individual decision-maker. The final part of the book discusses the implications of these findings for future research.

Among the subjects that were discussed are:

• Getting older and making decisions about money
• Crashing of the stock market and inflated market prices
• Neurological and endocrine underpinnings of economic decision making
• Methods of coping with the uncertainty that is present when making financial decisions
• Personality, cognitive ability, emotional states, and economic choices are all taken into consideration.
• Perspectives on borrowing money, gambling, contributing to charity, and paying taxes from a psychological point of view

Researchers in and outside of the field of psychology, such as consumer psychologists, decision-making experts, and behavioral economists, will find the Psychological Perspectives on Financial Decision Making (PDF) to be a useful resource.

PLEASE TAKE NOTE That the purchase comes with a PDF version of the ebook titled “Psychological Perspectives on Financial Decision Making.” There are no access codes contained within.