More About the Author

Lois A. Vitt, Ph.D. is chair and founding director of the Institute for Socio-Financial Studies (ISFS) in Charlottesville, Virginia. Dr. Vitt conducts research on consumer decision making, financial literacy education, consumer health finances, the finances of retirement and aging, and financial instruments and organizations. She has an executive background in business and finance, and she is a consultant to financial services companies and community organizations. She is editor-in-chief of the two-volumeEncyclopedia of Retirement and Finance, and the author of numerous articles and books about the social psychology of consumer financial decision making.

Dr. Vitt pioneered the development of real estate financing vehicles for the capital markets, and her research on the beneficial social and personal effects of homeownership has been presented to audiences around the world. She received an Executive M.B.A. from Pace University , New York , and M.A. and Ph.D. degrees in Sociology at the American University in Washington, D.C.