THE DEVELOPMENT OF THE CONSUMER CREDIT MARKET THROUGH THE LENS OF BEHAVIORAL ECONOMICS

Journal Title: International Journal of New Economics and Social Sciences - Year 2017, Vol 5, Issue 1

Abstract

The consumer credit market develops activelyin Ukraine in last time. Behavioraleconomicsexplains that decrease of realincomes is not its cause. Increase of loan supply and competent advertising that had been based on human psychology is its cause. People spend most of loan for satisfaction of desire to be comply with certain society standards to have expensivethings, but not essential commodities.

Authors and Affiliations

Liudmyla Yevchuk

Keywords

Related Articles

EXPERIENCE OF ECONOMIC REFORMS' IMPLEMENTATION IN POLAND AND UKRAINE

The article combines the research of a system of indicators and authors’ reflections elaborated on the basis of material. The authors believe that study of Poland's economic reforms will provide an opportunity to apply a...

DEMOGRAFICZNE, SPOŁECZNE I EKONOMICZNE DETERMINANTY PLANU REFORMY KAPITAŁOWEGO FILARA SYSTEMU EMERYTALNEGO OPARTEGO NA TRANSFERZE KAPITAŁU Z FUNDUSZY OFE DO IKE

W artykule opisano demograficzne, społeczne i ekonomiczne determinanty planu reformy kapitałowego filara systemu emerytalnego opartego na transferze kapitału z Otwartych Funduszy Emerytalnych do systemu Indywidualnych Ko...

RESEARCH OPERATIONAL SAFETY OF PROCESS EQUIPMENT AT LOSS OF CALCIUM CARBONATE

The article describes the process of operation of water heating equipment, associated with water, which requires compliance with certain water regime. It is focused on the consequences and their elimination when using wa...

SHARE PRICE REACTION TO CASH DIVIDEND ANNOUNCEMENT: AN EVENT STUDY OF LISTED FIRMS IN KENYA

This study aimed to establish the effect of cash dividend announcement on share price reaction of the firms listed on the Nairobi Securities Exchange (NSE). This study used Event Study methodology with purely secondary d...

ГРУППЫ ИНТЕРЕСОВ В ПОЛИТИЧЕСКОМ ПРОЦЕССЕ: ТЕОРИЯ И ПРАКТИКА

В статье рассматриваются теоретические и прикладные проблемы взаимодействия государства и групп интересов. Представлены основные положения теории групп с использованием классических работ американских авторов, в том числ...

Download PDF file
  • EP ID EP221500
  • DOI 10.5604/01.3001.0010.4253
  • Views 72
  • Downloads 0

How To Cite

Liudmyla Yevchuk (2017). THE DEVELOPMENT OF THE CONSUMER CREDIT MARKET THROUGH THE LENS OF BEHAVIORAL ECONOMICS. International Journal of New Economics and Social Sciences, 5(1), 7-16. https://europub.co.uk/articles/-A-221500