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Consumer Knowledge and Financial Decisions

Lifespan Perspectives

  • Book
  • © 2012

Overview

  • Goes beyond the working age population
  • Integrates multidisciplinary viewpoints for broader understanding
  • Maintains a public policy focus throughout
  • Includes new and existing research
  • Includes supplementary material: sn.pub/extras

Part of the book series: International Series on Consumer Science (ISCS)

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Table of contents (20 chapters)

  1. Understanding and Furthering Financial Knowledge

  2. Retirement, Insurance, and Investing

Keywords

About this book

There has been an increasing recognition that financial knowledge (i.e., literacy) is lacking across the population. Moreover, there is recognition that this lack of knowledge poses real problems as credit, mortgages, health insurance, retirement benefits, and savings and investment decisions become increasingly complex. Financial Decisions Across the Lifespan brings together the work of scholars from various disciplines (family and consumer sciences, economics, law, finance, sociology, and public policy) to provide a broad range of perspectives on financial knowledge, financial decisions, and policies. For consistency across the volume each chapter follows a similar format: (1) what individuals know or need to know (2) how what they know or need to know affects financial decisions and outcomes (3) ways in which policies or programs or financial innovations can enhance their knowledge, or decisions, or outcomes. Contributors will provide both new and existing research to create a valuable picture of the state of financial literacy and how it can be improved.

Editors and Affiliations

  • Dept. Economics, University of Maryland, Baltimore County, Baltimore, USA

    Douglas J. Lamdin

About the editor

Douglas Lamdin is a professor of economics at the University of Maryland, Baltimore County. He has also been a visiting professor of finance at the R.H. Smith School of Business at the University of Maryland, College Park. His teaching is primarily the introductory finance course, and the investments course (undergraduate and MBA). He has published more than 20 articles on financial economics and the economics of education in journals such as Journal of Family and Economic Issues, Journal of Regulatory Economics, Review of Economics and Statistics, Education Economics, and Contemporary Economic Policy. He edited The Managerial Economics Reader, Blackwell, 1994. He also serves on the editorial board of Business Economics, the journal of the National Association for Business Economics.

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