Chapter 32. The Role of Self-Regulation in Financial Wellbeing
By Poornima Vinoo, Kim Ly, Dilip Soman
Guilford Press | July 2016
Citation
Vinoo, Poornima., Ly, Kim., Soman, Dilip. Chapter 32. The Role of Self-Regulation in Financial Wellbeing Guilford Press .
Copyright
Guilford Press, 2016
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Abstract
Our goal in this chapter is to (1) review relevant research in the domain of financial decision making, (2) understand this research in the context of a framework of self-regulation, and (3) review a list of corrective measures in the context of this framework that can improve self-regulation. We first provide a brief overview of the process of self-regulation and deconstruct the model onto specific processes. Next, we discuss each process in detail and review relevant literature that helps us better understand the process. Finally, we review research designed to help people make better financial decisions.

Poornima Vinoo is an Assistant Professor of Marketing at the Indian School of Business (ISB). Her research spans two primary streams: financial decision-making and disposal behaviour, with an overarching focus of improving consumer wellbeing.

Her work has explored how consumers make decisions to invest money for their retirement, how they choose to donate to worthy causes, and why they may sometimes prefer moral rewards over financial rewards.

Professor Vinoo holds a PhD from Western University, Canada, an MBA from the Indian School of Business, a postgraduate diploma from the Xavier Institute of Communications, and a BA from Osmania University, India.

An experienced industry professional, she has worked for over a decade across startups and large business conglomerates in multiple industries and roles.
At ISB, she teaches Consumer Behaviour.

Poornima Vinoo (1)
Poornima Vinoo