dopaminergic neuromodulation and financial decision making change during healthy aging. Especially when the parameters of the … for their retirement. These decisions substantially affect their living standards in old age. Research on cognitive aging … decisions. This review brings together research on behavioral and neural aspects of financial decision making and aging to …

making to improve older adults' wealth. -- neuroeconomics ; neurofinance ; aging ; neuromodulation ; risk-return models … dopaminergic neuromodulation and financial decision making change during healthy aging. Especially when the parameters of the … ; risk ; fMRI ; decision making under risk …

by reviewing results from functional magnetic resonance imaging (fMRI) studies of lab asset-price bubbles and herding …

analyses using evidence from a functional magnetic resonance imaging (fMRI) study. Empirically, we estimate logistic functions … individual characteristics including gender, age and various personality traits. In addition fMRI evidence shows that individual …

How do people cope with tail risk? In a lab experiment that removed informational and incentive confounds, subjects … overwhelmingly behaved like Bayesian learners. The results of simulations further revealed that if one is to survive under tail risk … Bayesian assumption commonly made in prior studies on tail risk and model uncertainty, and they also demonstrate the importance …

Until recently we have known little about how core decision processes change with age and how aging may impact the … from the qualification of potential benefits with associated costs (such as temporal delays or risk) to the rapid …