Work

Aging and Financial Exploitation Risk

Year: 2021
Type: book-chapter
Abstract: Financial exploitation among older adults is an increasing public health concern. Whether in-person or online, financial risks are becoming omnipresent in our increasingly connected and wired world. Understanding why some older adults are more vulnerable to financial exploitation than others, and the specific contexts in which this vulnerability is most likely to emerge, is necessary to design more target surveillance and intervention tools. In this review, we identify the cognitive, socioemotional, and brain changes in aging that increase financial exploitation risks in later life. Next, we build on this review to propose a new social cognitive neuroscience model of financial exploitation risk. In the final section we review emerging work to develop profiles for older adults, towards novel intervention techniques to reduce the burden of financial exploitation in later life.
Language: English
Subfield: Demography
Open Access status: green
OpenAlex ID: W3130178007
FWCI: 31.12
Cites: 84
Cited by: 25
Related to: 10