Article Version of Record

A neglected drama for elders: Discrepancy between self-perception and objective performance regarding financial capacity in patients with cognitive deficits

Author(s) / Creator(s)

Giannouli, Vaitsa
Tsolaki, Magda

Abstract / Description

The article aims at investigating whether patients from Greece with different kinds of cognitive deficits (resulting from Alzheimer’s Disease, Parkinson’s Disease Dementia, and Mild Cognitive Impairment) can be characterized as financially capable (based on neuropsychological assessment), and if this claimed (in)capacity is in accordance with their personal belief of (in)capacity. Results revealed that the vast majority of the mild, moderate and severe Alzheimer’s disease patients as well as patients with Mild Cognitive Impairment and Parkinson’s disease, who scored significantly lower than normal on a relevant financial decision-making capacity test, believed that they were capable to handle their finances. This finding is in contrast with their actual financial capacity scores and the beliefs of their family members-caregivers on this issue. Some critical questions concerning incapacity and intellectual insight are raised, and future cross-cultural investigative attempts on this issue are suggested.

Keyword(s)

elders financial capacity incapacity neuropsychological assessment dementia public opinion

Persistent Identifier

Date of first publication

2015-10-16

Journal title

Psychological Thought

Volume

8

Issue

2

Page numbers

142–147

Publisher

PsychOpen GOLD

Publication status

publishedVersion

Review status

peerReviewed

Is version of

Citation

Giannouli, V., & Tsolaki, M. (2015). A neglected drama for elders: Discrepancy between self-perception and objective performance regarding financial capacity in patients with cognitive deficits. Psychological Thought, 8(2), 142–147. https://doi.org/10.5964/psyct.v8i2.130
  • Author(s) / Creator(s)
    Giannouli, Vaitsa
  • Author(s) / Creator(s)
    Tsolaki, Magda
  • PsychArchives acquisition timestamp
    2018-11-28T10:02:06Z
  • Made available on
    2018-11-28T10:02:06Z
  • Date of first publication
    2015-10-16
  • Abstract / Description
    The article aims at investigating whether patients from Greece with different kinds of cognitive deficits (resulting from Alzheimer’s Disease, Parkinson’s Disease Dementia, and Mild Cognitive Impairment) can be characterized as financially capable (based on neuropsychological assessment), and if this claimed (in)capacity is in accordance with their personal belief of (in)capacity. Results revealed that the vast majority of the mild, moderate and severe Alzheimer’s disease patients as well as patients with Mild Cognitive Impairment and Parkinson’s disease, who scored significantly lower than normal on a relevant financial decision-making capacity test, believed that they were capable to handle their finances. This finding is in contrast with their actual financial capacity scores and the beliefs of their family members-caregivers on this issue. Some critical questions concerning incapacity and intellectual insight are raised, and future cross-cultural investigative attempts on this issue are suggested.
    en_US
  • Publication status
    publishedVersion
  • Review status
    peerReviewed
  • Citation
    Giannouli, V., & Tsolaki, M. (2015). A neglected drama for elders: Discrepancy between self-perception and objective performance regarding financial capacity in patients with cognitive deficits. Psychological Thought, 8(2), 142–147. https://doi.org/10.5964/psyct.v8i2.130
    en_US
  • ISSN
    2193-7281
  • Persistent Identifier
    https://hdl.handle.net/20.500.12034/1604
  • Persistent Identifier
    https://doi.org/10.23668/psycharchives.1970
  • Language of content
    eng
  • Publisher
    PsychOpen GOLD
  • Is version of
    https://doi.org/10.5964/psyct.v8i2.130
  • Keyword(s)
    elders
    en_US
  • Keyword(s)
    financial capacity
    en_US
  • Keyword(s)
    incapacity
    en_US
  • Keyword(s)
    neuropsychological assessment
    en_US
  • Keyword(s)
    dementia
    en_US
  • Keyword(s)
    public opinion
    en_US
  • Dewey Decimal Classification number(s)
    150
  • Title
    A neglected drama for elders: Discrepancy between self-perception and objective performance regarding financial capacity in patients with cognitive deficits
    en_US
  • DRO type
    article
  • Issue
    2
  • Journal title
    Psychological Thought
  • Page numbers
    142–147
  • Volume
    8
  • Visible tag(s)
    Version of Record