What Behavioural Economics Has to Say about Financial Literacy

Gaps in financial literacy are arguably responsible for significant errors in decision-making by consumers and investors alike. Unlike the conventional neoclassical economic wisdom, behavioral economics opens the analytical door to the significance of financial literacy for decision-making. This pap...

Full description

Bibliographic Details
Main Author: Morris Altman
Format: Article
Language:English
Published: Tuwhera Open Access Publisher 2013-06-01
Series:Applied Finance Letters
Subjects:
Online Access:https://ojs.aut.ac.nz/applied-finance-letters/article/view/9