Novel methods for assessment of vulnerability to financial exploitation (FE).

Financial exploitation (FE) is a complex problem influenced by many factors. This article introduces two novel methods for assessment of FE vulnerability: (1) performance-based measures of financial skills using web-based simulations of common financial tasks; (2) scam vulnerability measures based o...

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Publicado en:Journal of Elder Abuse & Neglect Vol. 35; no. 4/5; pp. 151 - 174
Autores principales: Beach, Scott R., Czaja, Sara J., Schulz, Richard
Formato: research tables/charts Journal Article
Publicado: Taylor & Francis Ltd Aug-Dec2023
Acceso en línea:Ver este registro en EBSCOhost
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      dt: Aug-Dec2023
      vid: 35
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      pub: Taylor & Francis Ltd
      place: Philadelphia, Pennsylvania
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        10.1080/08946566.2023.2281672
        174160368
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        atl: Novel methods for assessment of vulnerability to financial exploitation (FE).
      aug:
        au:
          Beach, Scott R.
          Czaja, Sara J.
          Schulz, Richard
        affil: University Center for Social and Urban Research, University of Pittsburgh, Pittsburgh, PA, USA
      sug:
        subj:
          Vulnerability
          Financial Management Evaluation
          World Wide Web Applications
          Computer Simulation
          Task Performance and Analysis
          Elder Abuse Evaluation
          Deception Evaluation
          Funding Source
          Human
          Male
          Age Factors
          Hispanic Americans
          Educational Status
          Income
          Cognition
          Technology
          African Americans
          Conflict (Psychology)
          Anxiety Pathology
          Impulsive Behavior
          Male
      ab: Financial exploitation (FE) is a complex problem influenced by many factors. This article introduces two novel methods for assessment of FE vulnerability: (1) performance-based measures of financial skills using web-based simulations of common financial tasks; (2) scam vulnerability measures based on credibility ratings of common scam scenarios. Older adults who were male, younger, Hispanic, more educated, with higher incomes performed better on the simulated financial tasks. Better performance was also related to higher cognitive function and numeracy, and more experience with technology. On the scenario-based measures, older adults who were male, younger, African American, less educated, and lower income showed higher FE vulnerability. Higher scam vulnerability was also related to poorer performance on the simulated financial tasks, lower cognitive function, less experience with technology, more financial conflict/anxiety, more impulsivity, and more stranger-initiated FE. Findings indicate that these novel measures show promise as valid indicators of vulnerability to FE.
      pubtype: Academic Journal
      doctype:
        research
        tables/charts
        Journal Article
      ougenre: Article
    language: English
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