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How network structures and government incentives shape the diffusion of digital inclusive finance for the aging population

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  • Gong, Chenxi
  • Wang, Zehao

Abstract

This study develops an evolutionary game model on complex networks to examine how older adults adopt digital inclusive finance in the context of population aging. The results show that perceived risk loss follows an inverted U pattern, with moderate risk encouraging adoption and high-risk reducing participation. Perceived convenience has scale dependent effects: in small networks it must exceed a threshold to trigger diffusion, whereas in large networks diffusion soon reaches saturation. Government incentives also vary by network scale, with moderate incentives more effective in small networks and stronger incentives needed in large networks. Network structure is crucial, as scale free networks promote faster information diffusion than small world networks. The study offers theoretical insights and practical guidance for expanding digital finance among older adults.

Suggested Citation

  • Gong, Chenxi & Wang, Zehao, 2026. "How network structures and government incentives shape the diffusion of digital inclusive finance for the aging population," Finance Research Letters, Elsevier, vol. 91(C).
    • Handle: RePEc:eee:finlet:v:91:y:2026:i:c:s154461232600036x
    DOI: 10.1016/j.frl.2026.109505
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    References listed on IDEAS

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