Lichtenberg Financial Decision Rating Scale (LFDRS):

EF Emily V. Flores
PL Peter A. Lichtenberg
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The LFDRS is a 68-item measure that contains three contextual factor subscales—financial situational awareness, psychological vulnerability, and susceptibility to influence and exploitation—and an intellectual factor that measures choice, understanding, and the rationale for decisions (Lichtenberg et al., 2017). The LFDRS is designed to be administered as a structured interview, with multiple-choice response options. Risk scores for the contextual variables and each subscale are then added to the risk score for the intellectual factor. Higher scores are associated with higher levels of risk that the individual is not making an informed decision.

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