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Unlimited
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Can lend chapters, not whole ebooks
Title
Understanding consumer financial behavior [electronic resource] : money management in an age of financial illiteracy / W. Fred van Raaij.
ISBN
9781137544254 (electronic book)
1137544252 (electronic book)
9781137544247
1137544244
9781137544261 (epub)
Published
New York, NY : Palgrave Macmillan, 2016.
Copyright
©2016
Language
English
Description
1 online resource (xvi, 285 pages) : illustrations.
Call Number
HF5415.32 .R33 2016eb
Dewey Decimal Classification
332.024
Summary
Government policies, marketing campaigns of banks, insurance companies, and other financial institutions, and consumers' protective actions all depend on assumptions about consumer financial behavior. Unfortunately, many consumers have no or little knowledge of budgeting, financial products, and financial planning. It is therefore important that organizations and market authorities know why consumers spend, borrow, insure, invest, and save for their retirement - or why they do not. Understanding Consumer Financial Behavior provides a systemic economic and behavioral approach to the way people handle their finances. It discusses the different types of financial behaviors consumers may engage in and explores the psychological explanations for their behavior and choices. This exciting new book is essential reading for scholars of marketing, finance, and management; financial professionals; and consumer policy makers.
Bibliography, etc. Note
Includes bibliographical references and index.
Access Note
Access limited to authorized users.
Source of Description
Description based on print version record.
Money management
Saving behavior
Credit behavior and debt problems
Insurance and prevention behavior
Pension plans and retirement plans
Investment behavior
Tax behavior : compliance and evasion
Victims of financial fraud
Responsible financial behavior
Individual differences and segmentation
Confidence and trust
Loss aversion and reference points
Risk preference
Time preference
Decision making, decision architecture, and defaults
Self-regulation.
