Financial literacy as a key factor for an individual’s social and economic well-being; SHS Web of Conferences; Vol. 28 : Research Paradigms Transformation in Social Sciences (RPTSS 2015)

Dettagli Bibliografici
Parent link:SHS Web of Conferences
Vol. 28 : Research Paradigms Transformation in Social Sciences (RPTSS 2015).— 2016.— [01037, 5 p.]
Autore principale: Filippova T. V. Tatiana Vasilievna
Enti autori: Национальный исследовательский Томский политехнический университет (ТПУ) Институт социально-гуманитарных технологий (ИСГТ) Кафедра экономики (ЭКОН), Национальный исследовательский Томский политехнический университет (ТПУ) Институт социально-гуманитарных технологий (ИСГТ) Кафедра экономики (ЭКОН) Международная научно-образовательная лаборатория технологий улучшения благополучия пожилых людей (МНОЛ ТУБПЛ)
Altri autori: Kashapova E. R. Elmira Ramisovna, Nikitina S. S. Svetlana Sergeevna
Riassunto:Title screen
Financial literacy is reviewed in the article as a factor influencing any individual’s well-being. Characteristics of a financially competent individual are defined. Behavioral mistakes impeding rational decision-making are outlined. Structures bearing the signs of financial pyramids are described as an example of their participants’ cognitive limitations. The importance of creating a common information area is stressed. This process is aimed at remedying negative consequences for all economic agents and preventing inefficient financial decisions when executing financial transactions. The major task of the process is to incorporate information about social and economic activity of institutions (state, business and non-governmental) and population in the common information area. Therefore, every economic agent will get prompt and trustworthy information. It will encourage an individual to make financially adequate decisions. The article also presents fundamental solutions for improving individuals’ well-being when raising their financial literacy.
Lingua:inglese
Pubblicazione: 2016
Soggetti:
Accesso online:http://dx.doi.org/10.1051/shsconf/20162801037
http://earchive.tpu.ru/handle/11683/33078
Natura: MixedMaterials Elettronico Capitolo di libro
KOHA link:https://koha.lib.tpu.ru/cgi-bin/koha/opac-detail.pl?biblionumber=649572

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