Financial decision making

descriptionPublicationkeyboard_double_arrow_right Article , Other literature type 13 Dec 2018 Italy English Publisher:WileyJournal:Consumer Psychology Review, volume 2, pages 17-29 (issn: 2476-1273, eissn: 2476-1281,

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Authors: Greenberg, Adam Eric; Hershfield, Hal E.;

doi: 10.1002/arcp.1043

handle: 11565/4016214

Financial decision making

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Abstract

AbstractFinancial decisions can have lasting consequences for consumer welfare and other important decisions. This review summarizes contemporary literature on financial decision making vis‐à‐vis the promotion of financial well‐being, outlining work on financial behaviors that contribute to financial well‐being, psychosocial determinants of financial well‐being, and the role of situational factors in financial well‐being. In addition to reviewing recent research, this article draws attention to some open questions in the field and proposes a trajectory for productive pathways of future research.

Country

Italy

Related Organizations

University of California, Los Angeles
United States
Università Luigi Bocconi
Italy

Keywords

BEHAVIORAL ECONOMICS, CONSUMER PSYCHOLOGY, FINANCIAL DECISION MAKING

Impact byBIP!

	selected citations These citations are derived from selected sources. This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	61
	popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.	Top 1%
	influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	Top 10%
	impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.	Top 10%