Understanding Consumer Financial Behavior

Money Management in an Age of Financial Illiteracy

Häftad, Engelska, 2016

Av W. Fred van Raaij, W. Fred Van Raaij, W. Fred van Raaij

899 kr

Beställningsvara. Skickas inom 7-10 vardagar

Fri frakt för medlemmar vid köp för minst 249 kr.

Finns i fler format (1)

Inbunden

1 639 kr

Skickas inom 10-15 vardagar

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.

Produktinformation

Utgivningsdatum2016-06-28
Mått148 x 210 x 17 mm
Vikt385 g
FormatHäftad
SpråkEngelska
Antal sidor285
Upplaga16001
FörlagPalgrave Macmillan
ISBN9781349713431

Tillhör följande kategorier

Arbetspsykologi inom Psykologi och pedagogik
Finansiering inom Ekonomi och ledarskap

W. Fred van Raaij is Emeritus Professor of Economic Psychology at Tilburg University, the Netherlands. He has worked at Tilburg University and Erasmus University of Rotterdam in the Netherlands, and at the University of Illinois at Urbana-Champaign, USA. His research interests are consumer behavior, environmental concerns and energy saving, the financial behavior of consumers and investors, and the effects of marketing communications.

1. IntroductionPART I2. Money Management3. Saving Behavior4. Credit Behavior and Debt Problems5. Insurance and Prevention Behavior6. Pension Plans and Retirement Plans7. Investment Behavior8. Tax Behavior: Compliance and Evasion9. Victims of Financial Fraud10. Responsible Financial BehaviorPART II11. Individual Differences and Segmentation12. Confidence and Trust13. Loss Aversion and Reference Points14. Risk Preference15. Time Preference16. Decision Making, Decision Architecture, and Defaults17. Self-Regulation

“W. Fred van Raaij seeks to describe the foundations of our financial actions and, in turn, provide direction toward improved public policies, better regulation for consumer protection, and more trustworthy financial practices. … For psychologists, the book offers a handy guide to how economists think about the determinants of financial behaviors … . I also see van Raaij’s book as a supplemental text for graduate courses in finance and as highly recommended reading for professional financial advisers.” (Len Tashman, PsycCRITIQUES, Vol. 61 (46), November, 2016)