Linkage Projects - Grant ID: LP150100264

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/Web/Grant/Grant/LP150100264

Funding Status
Active

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Funded Activity Summary

Financial decision making in late adulthood. The project aims to examine links between cognitive changes and financial decision-making in late adulthood and also to assess the preparedness of the elderly to combat financial risks due to age-related cognitive decline. Further, it intends to examine how age, education, wealth, health, and other environmental factors influence transfer of financial decision-making responsibilities to spouses or others. It is expected that the research will provide a greater understanding of how cognitive functioning and other factors affect older adults’ financial capacity and willingness to delegate decision-making responsibilities. This understanding could be used to inform policy initiatives to protect elderly individuals and their family members from the risk of financial mismanagement.

Funded Activity Details

Start Date: 23-02-2016

End Date: 30-12-2022

Funding Scheme: Linkage Projects

Funding Amount: $164,000.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Experimental Economics | Financial Economics | Applied Economics | Developmental Psychology and Ageing

ANZSRC Socio-Economic Objective (SEO)

Human Capital Issues | Ageing and Older People | Preference, Behaviour and Welfare |

Other Keywords

Ageing and Older People | Applied Economics | Developmental Psychology and Ageing | Experimental Economics | Financial Economics | Human Capital Issues | Preference, Behaviour and Welfare

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