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The scams among us: who falls prey and why

The scams among us: who falls prey and why
The scams among us: who falls prey and why
Not a week goes by without stories about scams appearing in popular media outlets. Given the ease with which scams can be circulated, they have become one of the most common crimes globally, inflicting high emotional, financial, and psychological tolls on millions of individuals. Despite their profound and pervasive impact, we know relatively little about why some individuals fall victim to scams while others remain immune to the techniques utilized by scammers to lure potential victims. Research thus far provides, for example, mixed results about the impact of demographic characteristics (e.g., age) as well as personality variables (e.g., risk-taking) on individuals’ susceptibility to scams. We know even less about how the nature or type of scam impacts an individual’s susceptibility. Gaining a deeper understanding of these issues is the key to being able to develop preventive programs and reduce the prevalence of victims. Here, we provide some promising directions as well as point to existing gaps in our knowledge and the need for decision scientists to address this important problem.
Demographics variables, fraud, individual differences, risk factors, scams, susceptibility
0963-7214
Hanoch, Yaniv
3cf08e80-8bda-4d3b-af1c-46c858aa9f39
Wood, Stacey
f73c11f1-c315-4812-9eb9-5d4cb5b395ad
Hanoch, Yaniv
3cf08e80-8bda-4d3b-af1c-46c858aa9f39
Wood, Stacey
f73c11f1-c315-4812-9eb9-5d4cb5b395ad

Hanoch, Yaniv and Wood, Stacey (2021) The scams among us: who falls prey and why. Current Directions in Psychological Science. (doi:10.1177/0963721421995489).

Record type: Article

Abstract

Not a week goes by without stories about scams appearing in popular media outlets. Given the ease with which scams can be circulated, they have become one of the most common crimes globally, inflicting high emotional, financial, and psychological tolls on millions of individuals. Despite their profound and pervasive impact, we know relatively little about why some individuals fall victim to scams while others remain immune to the techniques utilized by scammers to lure potential victims. Research thus far provides, for example, mixed results about the impact of demographic characteristics (e.g., age) as well as personality variables (e.g., risk-taking) on individuals’ susceptibility to scams. We know even less about how the nature or type of scam impacts an individual’s susceptibility. Gaining a deeper understanding of these issues is the key to being able to develop preventive programs and reduce the prevalence of victims. Here, we provide some promising directions as well as point to existing gaps in our knowledge and the need for decision scientists to address this important problem.

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Accepted/In Press date: 25 January 2021
e-pub ahead of print date: 17 May 2021
Published date: 1 June 2021
Keywords: Demographics variables, fraud, individual differences, risk factors, scams, susceptibility

Identifiers

Local EPrints ID: 446804
URI: http://eprints.soton.ac.uk/id/eprint/446804
ISSN: 0963-7214
PURE UUID: 314cbeb5-2abd-4efd-b8f2-293ba7c70e4e
ORCID for Yaniv Hanoch: ORCID iD orcid.org/0000-0001-9453-4588

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Date deposited: 23 Feb 2021 17:31
Last modified: 28 Apr 2022 06:35

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Contributors

Author: Yaniv Hanoch ORCID iD
Author: Stacey Wood

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