In everyday economic life, the endowment effect is a very frequent occurrence. It describes phenomena wherein person values possession more highly when they own it than do not. At present, psychological mechanism of this phenomenon mainly explained by loss aversion, but theory has great defects. A theoretical area behavioral finance effect. order to analyze traits financial market subjects (dec...

in this study, government budgets in the last 150 years have been examined based on leviathan state and the selection process theories. using this descriptive-historical method we evaluate the impact of financial behavior of government on development. in the first section of this paper, the concept of government nature has been defined and its influence on public finance is fully explained. mor...

Purpose This paper analyzes global interest in Internet information about decentralized finance (DeFi), embedded (EmFi), open (OpFi), ocean (OcFi) and sustainable (SuFi) the relationship among them. Design/methodology/approach The used a comparative methodology based on regression correlation analyses to assess DeFi, EmFi, OpFi, OcFi SuFi. Findings findings reveal that EmFi was more popular Asi...

this article is based on a study done by professor fred weston. in this article the evolution of financial management concepts is explained . the history of financial ideas is presented in eight sections as follows: 1- an overview of central ideas of finance 2- historical review of the impact of economic developments on the content of the finance field. 3- the emergence of selected areas of fin...

We present a model with agency costs where heterogeneous firms raise finance through either bank loans or corporate bonds and where banks are more efficient than the market in resolving informational problems. We document some major long-run differences in corporate finance between the United States and the euro area, and show that our model can explain those differences based on information av...

The behavior of retail investor’s is changing towards derivative market in India for the last few years and with the introduction of behavioral finance the researcher would like to capture that. The concept of behavioral finance is booming in the capital market, there is hardly any place where its concepts aren’t being applied. There is a need to grab more attention of the investor’s towards de...

Crises in financial markets affect humans worldwide. Detailed market data on trading decisions reflect some of the complex human behavior that has led to these crises. We suggest that massive new data sources resulting from human interaction with the Internet may offer a new perspective on the behavior of market participants in periods of large market movements. By analyzing changes in Google q...

In this paper, the relationship between financial literacy and household consumption is empirically analyzed by using The Chinese Family Micro Database (CHFS), structure of households subdivided into survival consumption, development enjoyment respectively, to study impact on different structures. mediating effect credit constraint factors studied moderating digital finance explored. results sh...