Website
http://dataportal.arc.gov.au/NCGP/API/grants/DP200100876
Funding Status
Active
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Funded Activity Summary
Taking advice: Limits and potentials of social decision-making in older age. Older adults are increasingly victims of financial fraud and abuse. While well-intentioned advice has the potential to improve financial decision-making, ill-intentioned advice can lead to exploitation. This project will use extensive behavioural testing to establish the factors governing how much weight older adults give to advice depending on the type of advisor, the type of advice, and feedback about advice quality. The outcome will be a model of the influence of advice on decision-making in ageing. This will provide an evidence base to create best practice guidelines, interventions, and decision aids that will reduce exploitation and increase the independence and wellbeing of Australia’s rapidly ageing population.Funded Activity Details
Start Date: 2020
End Date: 03-2024
Funding Scheme: Discovery Projects
Funding Amount: $271,370.00
Funder: Australian Research Council
Research Topics
ANZSRC Field of Research (FoR)
Psychology | Developmental Psychology and Ageing
ANZSRC Socio-Economic Objective (SEO)
Ageing and Older People | Expanding Knowledge in Psychology and Cognitive Sciences |
