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This book reviews the latest research from psychology, neuroscience, and behavioral economics evaluating how people make financial choices in real-life circumstances. The volume is divided into three sections investigating financial decision making at the level of the brain, the level of an individual decision maker, and the level of the society, concluding with a discussion of the implications for further research. Among the topics discussed: Neural and hormonal bases of financial decision making Personality, cognitive abilities, emotions, and financial decisions Aging and financial decision making Coping methods for making financial choices under uncertainty Stock market crashes and market bubbles Psychological perspectives on borrowing, paying taxes, gambling, and charitable giving Psychological Perspectives on Financial Decision Making is a useful reference for researchers both in and outside of psychology, including decision-making experts, consumer psychologists, and behavioral economists.
This timely interdisciplinary book brings together a wide spectrum of theoretical concepts and their empirical applications in relation to the COVID-19 pandemic, informing our understanding of the social and psychological bases of a global crisis. Written by an author team of psychologists and sociologists, the volume provides comprehensive coverage of phenomena such as fear, risk, judgement and decision making, threat and uncertainty, group identity and cohesion, social and institutional trust, and communication in the context of an international health emergency.The topics have been grouped into four main chapters, focusing on the individual, group, social, and communication perspectives of the issues affecting or being affected by the pandemic, based on over 740 classic and current references of peer-reviewed research and contextualized with an epidemiological perspective discussed in the introduction. The volume finishes with two special sections, with a chapter on cultural specificity of the social impact of pandemics, focusing specifically on both Islam and Hinduism, and a chapter on the cross-national differences in policy responses to the current health crisis. Providing not just a reference for academic research, but also short-term and long-term policy solutions based on successful strategies to combat adverse social, cognitive, and emotional consequences, this is the ideal resource for academics and policymakers interested in social and psychological determinants of individual reactions to pandemics, as well as in fields such as economics, management, politics, and medical care.
This timely interdisciplinary book brings together a wide spectrum of theoretical concepts and their empirical applications in relation to the COVID-19 pandemic, informing our understanding of the social and psychological bases of a global crisis. Written by an author team of psychologists and sociologists, the volume provides comprehensive coverage of phenomena such as fear, risk, judgement and decision making, threat and uncertainty, group identity and cohesion, social and institutional trust, and communication in the context of an international health emergency.The topics have been grouped into four main chapters, focusing on the individual, group, social, and communication perspectives of the issues affecting or being affected by the pandemic, based on over 740 classic and current references of peer-reviewed research and contextualized with an epidemiological perspective discussed in the introduction. The volume finishes with two special sections, with a chapter on cultural specificity of the social impact of pandemics, focusing specifically on both Islam and Hinduism, and a chapter on the cross-national differences in policy responses to the current health crisis. Providing not just a reference for academic research, but also short-term and long-term policy solutions based on successful strategies to combat adverse social, cognitive, and emotional consequences, this is the ideal resource for academics and policymakers interested in social and psychological determinants of individual reactions to pandemics, as well as in fields such as economics, management, politics, and medical care.
This book reviews the latest research from psychology, neuroscience, and behavioral economics evaluating how people make financial choices in real-life circumstances. The volume is divided into three sections investigating financial decision making at the level of the brain, the level of an individual decision maker, and the level of the society, concluding with a discussion of the implications for further research. Among the topics discussed: Neural and hormonal bases of financial decision making Personality, cognitive abilities, emotions, and financial decisions Aging and financial decision making Coping methods for making financial choices under uncertainty Stock market crashes and market bubbles Psychological perspectives on borrowing, paying taxes, gambling, and charitable giving Psychological Perspectives on Financial Decision Making is a useful reference for researchers both in and outside of psychology, including decision-making experts, consumer psychologists, and behavioral economists.
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