Chapter 4 Decisions on saving and investment in the digital era

The chapter presents the results of undertaken primary research, which delves into the relationship between economic and psychological factors in the realm of digital finance. The research examines the behavior and preferences of market participants and their relationship with financial literacy. It...

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Hlavní autoři: Kubinska, Elzbieta, Adamczyk-Kowalczuk, Magdalena, Macko, Anna
Médium: Online
Jazyk:angličtina
Vydáno: Taylor & Francis 2023
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On-line přístup:https://library.oapen.org/handle/20.500.12657/85777
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author Kubinska, Elzbieta
Adamczyk-Kowalczuk, Magdalena
Macko, Anna
author_browse Adamczyk-Kowalczuk, Magdalena
Kubinska, Elzbieta
Macko, Anna
author_facet Kubinska, Elzbieta
Adamczyk-Kowalczuk, Magdalena
Macko, Anna
author_sort Kubinska, Elzbieta
collection Directory of Open Access Books
description The chapter presents the results of undertaken primary research, which delves into the relationship between economic and psychological factors in the realm of digital finance. The research examines the behavior and preferences of market participants and their relationship with financial literacy. It explores various dimensions such as saving propensity, investment diversification, portfolio selection, profit-risk relationship, typology of financial literacy, self-assessed financial knowledge, post-pandemic changes in trust in different forms of payment, usage of digital payment methods, familiarity with robo-advisory, preferences for AI advisory in different spheres, and preferences for saving and investment robo-advisory recommendations. The research was conducted among an internationally diverse sample from Poland, India and the USA, and took place in the post-pandemic reality. Comparing data from international samples, research conducted for this book shows the current picture of financialization within three contemporary, but culturally and economically diversified societies. The empirical chapter includes models that demonstrate the relationships between economic and psychological variables, as well as characteristics related to decision-making in the digital reality. These models allow for generalization of the research to a wider groups, of international financial markets participants
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spelling doab-20.500.12854ir-1313922025-06-24T06:47:18Z Chapter 4 Decisions on saving and investment in the digital era Kubinska, Elzbieta Adamczyk-Kowalczuk, Magdalena Macko, Anna Saving and investing; digital finance; finance; financial inclusion The chapter presents the results of undertaken primary research, which delves into the relationship between economic and psychological factors in the realm of digital finance. The research examines the behavior and preferences of market participants and their relationship with financial literacy. It explores various dimensions such as saving propensity, investment diversification, portfolio selection, profit-risk relationship, typology of financial literacy, self-assessed financial knowledge, post-pandemic changes in trust in different forms of payment, usage of digital payment methods, familiarity with robo-advisory, preferences for AI advisory in different spheres, and preferences for saving and investment robo-advisory recommendations. The research was conducted among an internationally diverse sample from Poland, India and the USA, and took place in the post-pandemic reality. Comparing data from international samples, research conducted for this book shows the current picture of financialization within three contemporary, but culturally and economically diversified societies. The empirical chapter includes models that demonstrate the relationships between economic and psychological variables, as well as characteristics related to decision-making in the digital reality. These models allow for generalization of the research to a wider groups, of international financial markets participants 2023-12-06T04:36:09Z 2023-12-06T04:36:09Z 2023-12-05T10:30:13Z 2023 chapter https://library.oapen.org/handle/20.500.12657/85777 9781032508719 9781032508733 https://directory.doabooks.org/handle/20.500.12854/131392 eng open access image/jpeg image/jpeg image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International https://library.oapen.org/bitstream/20.500.12657/85777/1/9781003400066_10.4324_9781003400066-5.pdf https://library.oapen.org/bitstream/20.500.12657/85777/1/9781003400066_10.4324_9781003400066-5.pdf https://library.oapen.org/bitstream/20.500.12657/85777/1/9781003400066_10.4324_9781003400066-5.pdf Taylor & Francis Routledge 10.4324/9781003400066-5 10.4324/9781003400066-5 fa69b019-f4ee-4979-8d42-c6b6c476b5f0 Behavioral Finance in the Digital Era 9781032508719 9781032508733 Routledge 53 open access
spellingShingle Saving and investing; digital finance; finance; financial inclusion
Kubinska, Elzbieta
Adamczyk-Kowalczuk, Magdalena
Macko, Anna
Chapter 4 Decisions on saving and investment in the digital era
title Chapter 4 Decisions on saving and investment in the digital era
title_full Chapter 4 Decisions on saving and investment in the digital era
title_fullStr Chapter 4 Decisions on saving and investment in the digital era
title_full_unstemmed Chapter 4 Decisions on saving and investment in the digital era
title_short Chapter 4 Decisions on saving and investment in the digital era
title_sort chapter 4 decisions on saving and investment in the digital era
topic Saving and investing; digital finance; finance; financial inclusion
topic_facet Saving and investing; digital finance; finance; financial inclusion
url https://library.oapen.org/handle/20.500.12657/85777
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