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Financial Decision-Making Across the Lifespan: Insights from Neuroeconomics

Author

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  • Camelia M. Kuhnen

    (Kenan-Flagler Business School, University of North Carolina at Chapel Hill, Chapel Hill, North Carolina, USA)

Abstract

This review article highlights what we know from neuroeconomics regarding the effects of context, past experiences, and age on brain processes involved in decision-making and illustrates how finance research has built on these insights, and how it could continue to do so going forward.

Suggested Citation

  • Camelia M. Kuhnen, 2025. "Financial Decision-Making Across the Lifespan: Insights from Neuroeconomics," Annual Review of Financial Economics, Annual Reviews, vol. 17(1), pages 395-410, November.
  • Handle: RePEc:anr:refeco:v:17:y:2025:p:395-410
    DOI: 10.1146/annurev-financial-090524-120814
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    Keywords

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    JEL classification:

    • D87 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Neuroeconomics
    • G41 - Financial Economics - - Behavioral Finance - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making in Financial Markets
    • G5 - Financial Economics - - Household Finance

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