ERIC Number: EJ910596
Record Type: Journal
Publication Date: 2010
Pages: 5
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-1082-1651
EISSN: N/A
Exploring Investor Decisions in a Behavioral Finance Framework
Hayes, Suzanne K.
Journal of Family and Consumer Sciences, v102 n2 p56-60 2010
The first objective of this article is to increase awareness and understanding of individual decision-making biases. The second is to provide FCS professionals with strategies to improve consumer financial decisions. Individual decision biases are presented within the context of a seven-stage decision process. Proactive consumer educators using a behavioral finance, multi-dimensional approach have the opportunity to have a positive impact on individual financial behavior. (Contains 1 table.)
Descriptors: Consumer Education, Decision Making, Bias, Investment, Behavior, Retirement Benefits, Money Management, Locus of Control, Self Esteem, Resource Allocation, Selection
American Association of Family and Consumer Sciences. 400 North Columbus Street Suite 202, Alexandria, VA 22314. Tel: 800-424-8080; Tel: 703-706-4600; Fax: 703-706-4663; e-mail: bookstore@aafcs.org; Web site: http://www.aafcs.org
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Adult Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A