Principal Investigators

    A/Prof Anup Basu


    Queensland University of Technology

    Contact information of lead PI



    Title of project or programme

    Financial Decision making in Late Adulthood

    Source of funding information

    Australian Research Council

    Total sum awarded (Euro)

    € 110,067

    Start date of award


    Total duration of award in years



    Research Abstract

    The project aims to examine links between cognitive changes and financial decision-making in late adulthood and also to assess the preparedness of the elderly to combat financial risks due to age-related cognitive decline. Further, it intends to examine how age, education, wealth, health, and other environmental factors influence transfer of financial decision-making responsibilities to spouses or others. It is expected that the research will provide a greater understanding of how cognitive functioning and other factors affect older adults’ financial capacity and willingness to delegate decision-making responsibilities. This understanding could be used to inform policy initiatives to protect elderly individuals and their family members from the risk of financial mismanagement.

    Further information available at:

Types: Investments < €500k
Member States: Australia
Diseases: N/A
Years: 2016
Database Categories: N/A
Database Tags: N/A

Export as PDF