{"id":1709,"date":"2015-09-12T19:59:04","date_gmt":"2015-09-12T19:59:04","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2015\/09\/us_study_says_older_people_are"},"modified":"2022-03-11T13:40:29","modified_gmt":"2022-03-11T19:40:29","slug":"us-study-says-older-people-are","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/us-study-says-older-people-are\/","title":{"rendered":"US Study Says Older People Are More Susceptible to Financial Fraud Because of How The Brain Works"},"content":{"rendered":"

\t\t\t\tAccording to a study published previously in the Proceedings of the National Academy of Sciences<\/em>https:\/\/www.nia.nih.gov<\/a>, the reason why elderly people are more susceptible than younger folk to financial fraud is because the ability to identify trustworthiness decreases with age. The researchers looked at two different groups-one group was comprised of younger adults (ages 20 to 42) and older adults (ages 55-84.)<\/p>\n

The groups judged faces in photographs. These faces had been pre-rated for approachability and trustworthiness.<\/p>\n

While both groups identified those that had been pre-rated as neutral or trustworthy as approachable and trustworthy, the older group was more likely than the younger group to identify the faces that had been pre-rated as ‘untrustworthy’ as trustworthy. Shelly Taylor, a UCLA psychologist who was involved with the study, said that the reason for this was that older adults did not detect certain “easily distinguished” facial cues indicative of untrustworthiness.<\/p>\n

The researchers asked another forty-four participants to undergo functional magnetic resonance while rating the faces. While the older adults did not display much of an activation in the anterior insula, which is the part of the brain known for regulating “gut feelings” that affect decision-making, the younger adults’ anterior insula exhibited a stronger response. Taylor said that while the younger adults were getting that ‘uh-oh’ feeling, the older adults were not.
\n Continue Reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

According to a study published previously in the Proceedings of the National Academy of Scienceshttps:\/\/www.nia.nih.gov, the reason why elderly people are more susceptible than younger folk to financial fraud is because the ability to identify trustworthiness decreases with age. The researchers looked at two different groups-one group was comprised of younger adults (ages 20 to […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3803],"tags":[],"class_list":["post-1709","post","type-post","status-publish","format-standard","hentry","category-senior-investors"],"yoast_head":"\nUS Study Says Older People Are More Susceptible to Financial Fraud Because of How The Brain Works — Investor Lawyers Blog — September 12, 2015<\/title>\n<meta name=\"description\" content=\"According to a study published previously in the Proceedings of the National Academy of Scienceshttps:\/\/www.nia.nih.gov, the reason why elderly people are — September 12, 2015\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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