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Understanding Consumer Financial Behavior

Money Management in an Age of Financial Illiteracy

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  • 301 pages
  • 11 hours of reading

More about the book

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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Understanding Consumer Financial Behavior, W. Fred van Raaij

Language
Released
2016
product-detail.submit-box.info.binding
(Hardcover),
Book condition
Good
Price
€91.99

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Title
Understanding Consumer Financial Behavior
Subtitle
Money Management in an Age of Financial Illiteracy
Language
English
Released
2016
Format
Hardcover
Pages
301
ISBN10
1137544244
ISBN13
9781137544247
Series
Description
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.