Get 40% off International Relations & Political Science print & eBooks! Shop the selection >>

Understanding Consumer Financial Behavior

Money Management in an Age of Financial Illiteracy

Authors: van Raaij, W. Fred

Free Preview

Buy this book

eBook £55.99
price for United Kingdom (gross)
  • ISBN 978-1-137-54425-4
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover £99.99
price for United Kingdom (gross)
  • ISBN 978-1-137-54424-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover £69.99
price for United Kingdom (gross)
  • ISBN 978-1-349-71343-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this 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.

About the authors

W. Fred van Raaij is Emeritus Professor of Economic Psychology at Tilburg University, the Netherlands. He has worked at Tilburg University and Erasmus University of Rotterdam in the Netherlands, and at the University of Illinois at Urbana-Champaign, USA. His research interests are consumer behavior, environmental concerns and energy saving, the financial behavior of consumers and investors, and the effects of marketing communications.

Reviews

“W. Fred van Raaij seeks to describe the foundations of our financial actions and, in turn, provide direction toward improved public policies, better regulation for consumer protection, and more trustworthy financial practices. … For psychologists, the book offers a handy guide to how economists think about the determinants of financial behaviors … . I also see van Raaij’s book as a supplemental text for graduate courses in finance and as highly recommended reading for professional financial advisers.” (Len Tashman, PsycCRITIQUES, Vol. 61 (46), November, 2016)


Table of contents (17 chapters)

Table of contents (17 chapters)

Buy this book

eBook £55.99
price for United Kingdom (gross)
  • ISBN 978-1-137-54425-4
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover £99.99
price for United Kingdom (gross)
  • ISBN 978-1-137-54424-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover £69.99
price for United Kingdom (gross)
  • ISBN 978-1-349-71343-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Loading...

Bibliographic Information

Bibliographic Information
Book Title
Understanding Consumer Financial Behavior
Book Subtitle
Money Management in an Age of Financial Illiteracy
Authors
Copyright
2016
Publisher
Palgrave Macmillan US
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-1-137-54425-4
DOI
10.1057/9781137544254
Hardcover ISBN
978-1-137-54424-7
Softcover ISBN
978-1-349-71343-1
Edition Number
1
Number of Pages
XVI, 285
Topics