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Understanding Consumer Financial Behavior - Money Management in an Age of Financial Illiteracy (Paperback, 1st ed. 2016)
Loot Price: R3,659
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Understanding Consumer Financial Behavior - Money Management in an Age of Financial Illiteracy (Paperback, 1st ed. 2016)
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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.
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