Prospects for the institutional infrastructure of behavioral economics in the development of the financial market
Keywords:
behavioral economics, behavioral research centers, trust, financial literacy, financial behavior, financial market, nudgingAbstract
This article provides an overview of leading global research projects in the field of behavioral paradigms, spanning government agencies, private initiatives, and academic and mixed formats. The author provides brief descriptions of individual behavioral solutions designed to gently influence the behavior of economic actors in the economic and financial spheres. The conclusion is that testing the activities of such organizations in the Republic of Belarus at universities, in collaboration with ministries and agencies, is promising for subsequent systematic implementation. Particular emphasis is placed on the need for behavioral centers to adhere to certain operating principles.
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