The Influence of Different Financial Decision Styles on Financial Judgment in People with and without Vulnerability to Psychosis

Brandsma, Anneke (2023) The Influence of Different Financial Decision Styles on Financial Judgment in People with and without Vulnerability to Psychosis. Master thesis, Psychology.

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Abstract

The capability to make financial decisions is crucial for independent and autonomous living. Schizophrenia is the leading cause of psychosis and a person suffering from psychosis experiences positive symptoms, negative symptoms, and/or cognitive symptoms. Psychotic symptoms might interfere with everyday life, including financial abilities and financial skills. Financial decision-making styles are the individuals’ characteristic modes of perceiving and responding to decision-making tasks. The five financial decision styles that have been identified are rational, intuitive, dependent, avoidant, and spontaneous. This study examines the influence of different decision styles on financial judgment in people with psychotic disorders and healthy adults. The study’ (N=30) consisted of 3 people with a diagnosis of schizophrenia spectrum disorder and 27 healthy controls. The tests that have been used are a general questionnaire about demographic information, Financial Decision Styles (FDS), Complex Decision Rules (tests financial judgment based on specific rules), Financial Decision-Making Interview (tests financial judgment) and the Iowa Gambling Task (tests emotional judgment). The results of the research suggest that none of the decision styles can significantly predict the ability to make financial judgment based on specific rules, or emotional judgment. In this study, the people with psychotic vulnerability used the rational decision style more in comparison to the healthy controls. The spontaneous decision style and the avoidant decision style were used less frequently. This finding was not entirely in line with the expectations.

Item Type:	Thesis (Master)
Supervisor name:	Jansen, J.L. and Koerts, J.
Degree programme:	Psychology
Differentiation route:	Clinical Neuropsychology (CN) [Master Psychology]
Date Deposited:	28 Feb 2023 15:27
Last Modified:	28 Feb 2023 15:27
URI:	http://gmwpublic.studenttheses.ub.rug.nl/id/eprint/1753

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