Correlates of healthcare and financial decision making among older adults without dementia.

ABSTRACT:

Objective

Healthcare and financial decision making among older persons has been previously associated with cognition, health and financial literacy, and risk aversion; however, the manner by which these resources support decision making remains unclear, as past studies have not systematically investigated the pathways linking these resources with decision making. In the current study, we use path analysis to examine the direct and indirect pathways linking age, education, cognition, literacy, and risk aversion with decision making. We also decomposed literacy into its subcomponents, conceptual knowledge and numeracy, in order to examine their associations with decision making.

Method

Participants were 937 community-based older adults without dementia from the Rush Memory and

SUBMITTER: Stewart CC 

PROVIDER: S-EPMC6002910 | biostudies-literature | 2018 Jul

REPOSITORIES: biostudies-literature