Rui Yao

Digital Payment Adoption and Financial Vulnerability: Global Evidence From Multilevel Models

ABSTRACT Although digital financial services are emerging, whether adopting digital payment influences consumer vulnerability remains understudied and debated. This study aims to examine mechanisms linking digital payment adoption, financial fragility, financial worry, and nation...

Breaking the cycle: how loneliness substitution and game design alter gambling immersion in older adults

Loneliness and gambling among older adults are interlinked public health concerns. Gambling immersion may increase exposure to financial, emotional, and relational harm, yet few studies distinguish how social, emotional, and existential loneliness shape this process. Drawing on c...

Racial/ethnic disparities in economic hardship: the role of financial capability

Purpose Previous research shows that the capability approach is associated with lower poverty rates and higher well-being. Nonetheless, little research applied this approach to understanding economic hardship. To fill this gap, this study applies this approach to explore whether...