Are Older People Aware of Their Cognitive Decline? Misperception and Financial Decision-Making (Record no. 133721)
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000 -LEADER | |
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fixed length control field | 01372nam a2200217Ia 4500 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 240826s9999||||xx |||||||||||||| ||und|| |
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER | |
International Standard Serial Number | 0022-3808 |
100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | Peracchi, Franco |
9 (RLIN) | 120501 |
100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | 2024 |
100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | Mazzonna, Fabrizio |
9 (RLIN) | 120502 |
245 #0 - TITLE STATEMENT | |
Title | Are Older People Aware of Their Cognitive Decline? Misperception and Financial Decision-Making |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Name of publisher, distributor, etc. | Journal of Political Economy |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2024 |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 1793-1830 |
520 ## - SUMMARY, ETC. | |
Abstract | We investigate whether older people correctly perceive their cognitive decline and the potential financial consequences of misperception. First, we show that older people tend to underestimate their cognitive decline. We then show that those experiencing a severe decline but unaware of it are more likely to suffer wealth losses. These losses largely reflect decreases in financial wealth and are mainly experienced by wealthier people who were previously active on the stock market. Our findings support the view that financial losses among older people unaware of their cognitive decline are the result of bad financial decisions, not of rational disinvestment strategies. |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Cognitive Decline |
9 (RLIN) | 120503 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Financial Decision |
9 (RLIN) | 120504 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Financial Wealth |
9 (RLIN) | 120505 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Older People |
9 (RLIN) | 120506 |
856 ## - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="https://www.journals.uchicago.edu/doi/10.1086/728697">https://www.journals.uchicago.edu/doi/10.1086/728697</a> |
999 ## - SYSTEM CONTROL NUMBERS (KOHA) | |
Koha biblionumber | 133721 |
Withdrawn status | Lost status | Damaged status | Not for loan | Home library | Current library | Date acquired | Serial Enumeration / chronology | Total Checkouts | Barcode | Date last seen | Price effective from | Koha item type |
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Dr VKRV Rao Library | Dr VKRV Rao Library | 27/08/2024 | Vol. 132, No. 6 | AI372 | 27/08/2024 | 27/08/2024 | Article Index |