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The cognitive ability needed to manage finances is a form of human capital. Dementias cause progressive declines in cognition. We analyze how information about decline affects the choice of the household financial decision maker using longitudinal data on older couples. We find that as the...
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The knowledge and reasoning ability needed to manage one's finances is a form of human capital. Alzheimer's disease and other dementias cause progressive declines in cognition that lead to a complete loss of functional capacities. In this paper we analyze the impact of information about...
Persistent link: https://www.econbiz.de/10013074599
The knowledge and reasoning ability needed to manage one's finances is a form of human capital. Alzheimer's disease and other dementias cause progressive declines in cognition that lead to a complete loss of functional capacities. In this paper we analyze the impact of information about...
Persistent link: https://www.econbiz.de/10010681648
Purpose – The purpose of this paper is to demonstrate the relationship between three concepts: organisations, transformability and the dynamics of strategy. These three concepts together with their interrelationships are central in explaining the life cycle of organisations, their survival and...
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