Year: 2023
Type: preprint
Study design: Observational Study
Abstract: Understanding risk factors for financial exploitation (FE) and ways these risk factors may interact is an important step toward identifying vulnerable populations and developing interventions. In three studies, we surveyed 1918 demographically and socioeconomically diverse participants to examine putative risk factors for self-reported FE. We focused on: 1) how trust in others and fairness preferences during economic games are associated with self-reported FE; and 2) how sociodemographic and health-related factors interact with psychosocial factors to confer risk for FE. We found participants with lower socioeconomic status and poor emotion regulation skills were at the greatest risk for FE. We also found associations between greater risk for FE and poorer physical health, more severe cognitive decline, increased persuadability, and increased insensitivity to trustworthiness cues. Our findings suggest that risk for FE is dependent upon a combination of psychosocial, sociodemographic and health factors, which may lead to interventions that protect vulnerable individuals.
Language: English
Topic: Elder Abuse and Neglect
Subfield: Demography
Field: Social Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W4390012564