Leveraging Behavioral Economics to Understand and Improve Financial Decision Making Among Vulnerable Older Adults

Conditions

• Financial Decision Making Among Vulnerable Older Adults

Eligibility Criteria

Sex

ALL

Age

60 Years - N/A

Healthy Volunteers

Accepted

Study Details

This study seeks to: * Identify behavioral preference patterns that characterize older adults vulnerable to financial exploitation. * Estimate the extent to which biases in decision-making process influence financial decisions among older adults vulnerable to financial exploitation to refine information content and behavioral 'nudge' strategies.

Key Dates

Start date

Aug 1, 2026

Status verified

Jun 2026

Primary completion

Dec 1, 2027

Completion

Dec 1, 2027

Study Design

Enrollment

400 participants (estimated)

Arms

• Arm: Older Adults who are less vulnerable to financial exploitation
  Vulnerability to financial exploitation will be assessed via the Financial Exploitation Vulnerability Scale (FEVS) assessment.
• Arm: Older Adults who are more vulnerable to financial exploitation
  Vulnerability to financial exploitation will be assessed via the Financial Exploitation Vulnerability Scale (FEVS) assessment.

Primary Outcome Measure

Frequency of choosing the riskier option on the risk tolerance decision-making task [ Time Frame: During the time of the decision-making task (about 5-10 minutes) ]

Central Contacts

• Abdelaziz Alsharawy, PhD
  (713) 500-9000
  [email protected]

Locations (1)

Find similar trials in Houston, TX

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  Not Yet Recruiting · The University of Texas Health Science Center, Houston · Houston, Texas