Why do some older adults fall for financial scams? scientists probe Decision-Making biases
NCT ID NCT07682727
First seen Jul 06, 2026 · Last updated Jul 08, 2026 · Updated 2 times
Summary
This study investigates how older adults make financial decisions, especially those who may be vulnerable to exploitation. Researchers will use computer-based tasks with real monetary rewards to measure risk tolerance, trust, altruism, patience, and loss aversion. Some participants will also have their heart rate, skin conductance, eye movements, and facial expressions monitored during the tasks. The goal is to identify behavioral patterns and biases that could inform strategies to protect older adults from financial harm.
What this could mean
Our plain-language read of the trial. This is informational only — not medical advice or a prediction.
- What this could lead to
- If successful, this research could point toward better ways to protect older adults from financial exploitation by understanding their decision-making patterns.
- What could go wrong
- This is an observational study, not a treatment trial. It may identify patterns but cannot guarantee that any intervention will reduce exploitation risk.
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Contacts and locations
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Study contacts
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Contact
Phone: •••-•••-•••• Email: •••••@•••••
Locations
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The University of Texas Health Science Center at Houston
Houston, Texas, 77030, United States
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