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Books > Business & Economics > Industry & industrial studies > Service industries > Financial services industry
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Financial Literacy and the Limits of Financial Decision-Making (Paperback, Softcover reprint of the original 1st ed. 2016)
Loot Price: R4,013
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Financial Literacy and the Limits of Financial Decision-Making (Paperback, Softcover reprint of the original 1st ed. 2016)
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This book presents selected papers on the factors that serve to
influence an individual's capacity in financial decision-making.
Initial chapters provide an overview of the cognitive factors
affecting financial decisions and suggest a link between limited
cognitive capacity and the need for financial education. The book
then expands on these cognitive limitations to explore the tendency
for overconfidence in decision-making and the interplay between
rational and irrational factors. Later contributions show how
credit card companies benefit from limitations in consumer
financial literacy, how gender and cognition intersect to play an
important role in financial decision-making, and how to improve
financial capacity through financial literacy and education
campaigns, including those addressing developed marketplaces. This
comprehensive collection of papers will be of value to all readers
who seek to better understand the multi-factorial and complex
nature of personal financial management in today's economic
climate.
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