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Consumer Economic Wellbeing
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In light of today's tumultuous economic times, financial wellness is becoming a focus for mental health professionals. Consumer Well-being draws heavily from the literature of the emerging field of behavior economics, which integrates advances of psychology and economics to address consumer well-being and critical consumer economic issues. After definition and discussion of the term consumer well-being, the text focuses on the development of relevant theories and concepts that aid in predicting and modifying consumer behaviors. Consumer behaviors that help improve well-being, such as earning, spending, borrowing, and saving are also covered. In addition, the book discusses how to define consumer rights and responsibilities, and how individual consumers are organized to protect their own interests and to voice their concerns in public decision making processes. Finally, the book covers effects of economic environments on consumer well-being and how consumers can effectively deal with these challenges.§
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