The Conceptual Analysis as a Methodological Basis for the Creation of a Behavioural Theory of the Financial Decision-Making Under Uncertainty

Аннотация:

 

The different approaches to determining the concepts of risk, uncertainty, choice and decision-making id presented in the paper. These approaches, generally, based on two points of view: financial and psychological. On the one hand side, it is important to know how change financial choice depending on conditions of risk and uncertainty (financial aspect). On the other hand side, the deterministic of the decision-making depending on personal factors is significant for the research (psychological aspect). Also the comparative analysis and relationship of making financial and neutral decisions in order to clarify model parameters for further empirical research are presented in the paper. The detailed definitions of risk, uncertainty, decision-making and choice in terms of aim and goals of our research are made.

Ключевые слова: 
Литература

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