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.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.ejemplo3.0.ejem James, Russell N.
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/10673/260
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.isJournalOfPublication a23eae5a-7857-4ef9-8e52-989436ad2955
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