Not yet recruiting NCT07682740

Leveraging Behavioral Economics to Understand and Improve Financial Decision Making Among Vulnerable Older Adults

No phase Interventional Financial Exploitation of Older Adults

For patients and families

In plain language

An automatic summary of structured registry data. It is an orientation aid, not a substitute for the official protocol or a physician assessment.

What is being studied: The protocol lists: Participants receiving informational self-nudges to improve financial decision-making, Control - Participants receiving informational content on healthy eating and physical activity.
Who it may be relevant to: Registry conditions: Financial Exploitation of Older Adults. Basic parameters: from 60 years · All.
What needs checking: Age, condition and sex are only basic indicators. Prior treatment, laboratory values and other mandatory requirements appear in the eligibility criteria below.
Where it takes place: United States
Next step: Save the trial, show it to the treating physician, and confirm current recruitment with the study center. Costs, documents and travel →

This study seeks to test novel informational content / nudge strategies to mitigate financial vulnerability among older adults.

Behavioral Participants receiving informational self-nudges to improve financial decision-making
Participants will be asked to virtually go through financial self-nudging informational content during the week prior to completing behavioral tasks. Self-nudging informational content contains strategies to enhance financial decision-making.
Behavioral Control - Participants receiving informational content on healthy eating and physical activity
The control group will be exposed to informational content on healthy eating and physical activity (obtained through the U.S. Centers for Disease Control and Prevention and/or National Institute on Aging webpages).

Frequency of choosing the riskier option on the risk tolerance decision-making task [Time frame: During the time of the decision-making task (about 5-10 minutes)]
Frequency of choosing the more trusting option on the trust decision-making task [Time frame: During the time of the decision-making task (about 5-10 minutes)]
Frequency of choosing the more altruistic option on the altruism decision-making task [Time frame: During the time of the decision-making task (about 5-10 minutes)]
Frequency of choosing the more patient option on the impatience decision-making task [Time frame: During the time of the decision-making task (about 5-10 minutes)]
Frequency of choosing the less loss-averse option on the loss-aversion decision-making task [Time frame: During the time of the decision-making task (about 5-10 minutes)]
Physiological arousal as measured via heart rate [Time frame: During the time of the decision-making tasks (about 20-40 minutes)]
Physiological arousal as measured via skin conductance [Time frame: During the time of the decision-making tasks (about 20-40 minutes)]
Physiological arousal as measured via pupil dilation [Time frame: During the time of the decision-making tasks (about 20-40 minutes)]
Frequency of facial expressions associated with valence and engagement [Time frame: During the time of the decision-making tasks (about 20-40 minutes)]
Attention as assessed by eye fixations [Time frame: During the time of the decision-making tasks (about 20-40 minutes)]

Secondary outcome measures (1)

Response time during the behavioral tasks [Time frame: During the time of the decision-making tasks (about 20-40 minutes)]

Adults over the age of 60
English speakers, to ensure comprehension of study tasks
High vulnerability to financial exploitation as assessed by the Financial Exploitation Vulnerability Scale (FEVS)

Criteria are shown verbatim from the registry (in English). Final eligibility is always assessed by the study center.

Healthy volunteers: Yes

United States · 1 center

NCT: NCT07682740 · HSC-SPH-25-0344 (Trial) · P30AG086563