Anecdotal evidence suggests that older individuals behave more emotionally and less cognitively due to their decreasing biological, cognitive, and/or social abilities, or a combination thereof. However, in the psychology and aging literatures, recent research indicates that the sense of future...

Purpose The aging workforce is becoming an increasingly important topic in today’s labor market. However, most scientific research and organizational policies focus on chronological age as the main determinant of successful aging. Based on life span developmental theories – primarily...

Financial literature suggests that for the Elderly, investing on a longer duration increases return and lowers risk. Consequently, we examine possible effects of their relation to the future on their investments’ preferences and savings’ allocation. Then, we test different timerelated...