Publication: An Economic Model of Mortality Salience in Personal Financial Decision Making: Applications to Annuities, Life Insurance, Charitable Gifts, Estate Planning, Conspicuous Consumption, and Healthcare
| creativeworkseries.issn | 1945-7774 | |
| dc.contributor.author | James, Russell N. | |
| dc.date.accessioned | 2018-10-31T17:38:19Z | |
| dc.date.available | 2018-10-31T17:38:19Z | |
| dc.date.issued | 2016 | |
| dc.description.abstract | The study of personal mortality salience and the denial of death have a long history in psychology leading to the modern field of Terror Management Theory. However, a simple consumer utility function predicts many of the outcomes identified in experimental research in this field. Further, this economic approach explains a range of otherwise unexpected financial decision-making behaviors in areas as diverse as annuities, life insurance, charitable gifts and bequests, intra-family gifts and bequests, conspicuous consumption, and healthcare. With its relevance to such a wide range of personal financial decisions, understanding the impact of mortality salience can be particularly useful to advisors in related fields. | en_US |
| dc.identifier.citation | James, R. N. (2016). An Economic Model of Mortality Salience in Personal Financial Decision Making: Applications to Annuities, Life Insurance, Charitable Gifts, Estate Planning, Conspicuous Consumption, and Healthcare. Journal of Financial Therapy, 7 (2) 5. https://doi.org/10.4148/1944-9771.1122 | en_US |
| dc.identifier.uri | https://demo7.dspace.org/handle/123456789/260 | |
| dc.language.iso | en_US | en_US |
| dc.subject | mortality salience | en_US |
| dc.subject | terror management theory | en_US |
| dc.subject | annuities | en_US |
| dc.subject | life insurance | en_US |
| dc.subject | charitable gifts | en_US |
| dc.subject | healthcare | en_US |
| dc.subject | estate planning | en_US |
| dc.title | An Economic Model of Mortality Salience in Personal Financial Decision Making: Applications to Annuities, Life Insurance, Charitable Gifts, Estate Planning, Conspicuous Consumption, and Healthcare | en_US |
| dc.type | Article | en_US |
| dspace.entity.type | Publication | |
| journal.title | Journal of Financial Therapy | |
| journalvolume.identifier.name | Journal of Financial Therapy Volume 7 | |
| relation.isJournalIssueOfPublication | f4dcd8a6-4cc4-4806-8bb9-a7e8202e05b0 | |
| relation.isJournalIssueOfPublication.latestForDiscovery | f4dcd8a6-4cc4-4806-8bb9-a7e8202e05b0 | |
| relation.isJournalOfPublication | a23eae5a-7857-4ef9-8e52-989436ad2955 |
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