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Financial behavior of the population: key trends and risks

https://doi.org/10.29030/2309-2076-2024-17-2-106-113

Abstract

Classical economic theory, analyzing and predicting the financial behavior of individuals, assumes of the rationality of economic decision-making by individuals. However, behavioral economics is currently being applied in the financial sector. The purpose of this article is to assess the importance of subjective factors in the financial behavior of individuals. Through a comparative analysis of objective statistical data and subjective surveys, this article attempts to demonstrate the importance of emotional factors in explaining individual financial decisions. 

About the Authors

G. P. Sorokina
State University of Management
Russian Federation

Galina P. Sorokina  – doctor of economic sciences, professor of the Department of world economy and international economic relations of GUU, director of the Institute of economics and finance

Moscow



V. A. Sorokina
Государственный университет управления
Russian Federation

Vera A. Sorokina  – student of GUU

Moscow



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Review

For citations:


Sorokina G.P., Sorokina V.A. Financial behavior of the population: key trends and risks. Economic Systems. 2024;17(2):106-113. (In Russ.) https://doi.org/10.29030/2309-2076-2024-17-2-106-113

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ISSN 2309-2076 (Print)