Cognitive Decline, Limited Awareness, Imperfect Agency, and Financial Well-being
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Cognitive decline may lead older Americans to make poor financial decisions. Preventing poor decisions may require timely transfer of financial control to a reliable agent. Cognitive decline, however, can develop unnoticed, creating the possibility of suboptimal timing of the transfer of control.
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美国国家经济研究局创建时间：
2022-01-01
