Avoidance Behaviour in Financial Capability

  • Oppewal, Harmen (Primary Chief Investigator (PCI))
  • Vlaev, Ivo (Chief Investigator (CI))
  • Rotaru, Kristian (Chief Investigator (CI))
  • Patel, Krishane (Chief Investigator (CI))

Project: Research

Project Details

Project Description

The proposed project aims to investigate neurocognitive mechanisms associated with limitations of individuals’ financial capability, and more specifically, to further understand the mechanisms underlying learnt helplessness (i.e. one’s inability to cope in situations where there is a presence of aversive stimuli) in personal finance management. The results of this project will shed further light on the cognitive biases (such as negativity aversion) underlying such persistent behaviour, and will test a range of behaviour change interventions with the ultimate goal of improving individual financial capability.
Effective start/end date1/02/1831/12/18


  • University of Warwick: A$4,232.67


  • Consumer financial decision making
  • Consumer budgetting
  • Behavioural change