Simulation of emotional differences in the structured query language for databases of financial markets

2021 ◽  
Vol 14 (2) ◽  
pp. 156-173
Author(s):  
Semen Yu. BOGATYREV
Keyword(s):  
Information Systems ◽  
Financial Market ◽  
Behavioral Finance ◽  
Query Language ◽  
Learning Technologies ◽  
Financial Decisions ◽  
Self Confidence ◽  
Structured Query Language ◽  
The Face ◽  
Modern Information

Subject. The article addresses a simulation in the structured query language (SQL) for the Bloomberg information base, the scientifically grounded tools for measuring emotions in markets in the face of financial and pandemic crisis and market imbalances, in addition to classic financial indicators, the creation of analytical tools based on state-of-the-art software tools that integrate the latest advances in behavioral finance and in financial and coefficient analysis, machine learning technologies, and open financial market data. Objectives. The aim is to create a usable toolkit for balanced evaluation of financial and economic situation of companies, based on the analysis of the main Russian and foreign modern means to measure emotions. Methods. The study employs methods of induction, deduction, and modeling. It demonstrates the link between methods and methodologies with new technical means of modern information systems. Results. The paper studies the effect of the heuristics of insufficient reaction and heuristics of excessive self-confidence, using the examples of market drawdown. I developed and implemented a model, using the behavioral finance tools as a factor in stabilizing financial decisions. Conclusions. New software and hardware tools enabled to identify and measure the actions of the heuristics of financial market participants. Financial analysts, when applying the new capabilities of modern information systems for programming and creating user models with required parameters and extensive database, will have new opportunities in the described models. The procedure for collecting and processing the original information required for valuation is simplified.

Emotional Finance Plays an Important Role in Investment Decisions

2019 ◽  
pp. 89-103 ◽  
Author(s):  
Sarika Keswani
Keyword(s):  
Human Behavior ◽  
Behavioral Finance ◽  
Significant Role ◽  
Positive Emotions ◽  
Investment Decisions ◽  
Psychological Theory ◽  
Decision Makers ◽  
Business Decisions ◽  
Financial Decisions ◽  
Self Confidence

Most of the investors focus on human emotions not expressed openly while making investment decisions. Emotions have a powerful position in making investment decisions. They drive human behavior that is consistent with economic predictions while making investments. Emotions play a significant role while making decisions on investments just like any other business decisions. Behavioral finance tries to combine behavioral and cognitive psychological theory with conventional economics and finance to provide justifications for why people make irrational financial decisions. The aim of this chapter is to understand whether emotional phases affect investors' decisions in different investment situations basing on levels of uncertainty. Positive emotions like self-confidence, challenge, and hope increase the decision-makers tendency to exaggerate the commitment, and negative emotions, namely embarrassment and strain, do not.

Emotional Finance Plays an Important Role in Investment Decisions

2021 ◽  
pp. 40-54
Author(s):  
Sarika Keswani
Keyword(s):  
Human Behavior ◽  
Behavioral Finance ◽  
Significant Role ◽  
Positive Emotions ◽  
Investment Decisions ◽  
Psychological Theory ◽  
Decision Makers ◽  
Business Decisions ◽  
Financial Decisions ◽  
Self Confidence

Most of the investors focus on human emotions not expressed openly while making investment decisions. Emotions have a powerful position in making investment decisions. They drive human behavior that is consistent with economic predictions while making investments. Emotions play a significant role while making decisions on investments just like any other business decisions. Behavioral finance tries to combine behavioral and cognitive psychological theory with conventional economics and finance to provide justifications for why people make irrational financial decisions. The aim of this chapter is to understand whether emotional phases affect investors' decisions in different investment situations basing on levels of uncertainty. Positive emotions like self-confidence, challenge, and hope increase the decision-makers tendency to exaggerate the commitment, and negative emotions, namely embarrassment and strain, do not.

scholarly journals Excessive self-confidence: The initiator of the irrational in behavioral finance

2020 ◽  
Vol 22 (2) ◽  
pp. 97-108
Author(s):  
Aleksandar Dogandžić ◽  
Nebojša Stošić ◽  
Sonja Dogandžić
Keyword(s):  
Decision Making ◽  
Financial Markets ◽  
Market Efficiency ◽  
Financial Market ◽  
Behavioral Finance ◽  
Decision Making Process ◽  
Self Confidence ◽  
Irrational Behavior ◽  
The Subject ◽  
Decision Making Behavior

The classical theory of financial markets is based on the decision-making process based on hypotheses about "market efficiency", which implies rational decisionmaking that always brings the expected results that can be predicted and calculated. However, practice shows that there are situations of irrational decision-making in the markets, the results of which are far from predictable and expected. We need to study these situations through Behavioral Finance, which allows us to monitor the results of irrational decision-making behavior, which we call anomalies. Most irrational decisions are based on excessive self-confidence, so it is the subject of necessary continuous research in order to clarify this segment of irrational behavior in the behavior of actors in the financial market and thus use it to achieve optimal effects.

scholarly journals BEHAVIORAL FINANCIAL DECISIONS OF THE POPULATION IN THE PROCESS OF CONSUMPTION

2020 ◽  
pp. 19-28
Author(s):  
Natalia KARPYSHYN ◽  
Solomia TABAKA
Keyword(s):  
Behavioral Finance ◽  
Negative Impact ◽  
Continuous Process ◽  
Visual Presentation ◽  
Behavioral Factors ◽  
Negative Effects ◽  
Financial Decisions ◽  
Goods And Services ◽  
Self Confidence ◽  
Subjective Perceptions

Introduction. The financial decision-making process depends not only on objective economic factors and motives; it is often under the influence of behavioural factors and subjective perceptions of situations. Consumption, as a continuous process of acquiring goods and services, has become an integral attribute of public life and a significant item of expenditure of personal and family budgets. Therefore, understanding the behavioural effects that affect the financial behaviour of consumers is an important step towards conscious consumption and rational spending of personal funds. The purpose is to theoretical analyse the influence of behavioral factors on the financial decisions of citizens in the field of consumption in order to reduce their negative effects and optimize consumer spending. Methods. System of general scientific and special research methods were used in the article. Methods of analysis, synthesis and generalization were used for the study of literary, statistical and Internet sources on the research topic; visualization method were used for visual presentation of the processed data; abstract-logical method - for generalize the presented material and formulate conclusions. The method of questionnaires and sampling, methods of statistical analysis and comparison were used for evaluate the financial decisions of households in Ukraine. Results. The article presents that using of an “intuitive” system of making financial decisions in the process consumption leads to unconscious and irrational spending of personal funds. The author generalized theories of behavioral finance and systematized the behavioral factors that influence citizens' financial decisions, namely: heuristics, emotions, framing, market influence, psychological accounting and loss perception. It has been proven that due to the lack of time for detailed information analysis, people make decisions under the influence of heuristics, such as the bandwagon effect, possession and anchoring. In such cases, money is spent irrationally and consumption becomes unconscious, as it is stimulated by marketing technologies and manipulations. Behavioral factors of emotional influence (excessive self-confidence and greed) also push the population to unjustified financial risks. Author offer to improve state policy in the field of management of personal financial resources in way to help citizens avoid the negative impact of behavioral factors and make informed financial decisions. Perspectives. The subject of further scientific research is the search and in-depth study of ways to effectively use personal funds in the field of lending and investing in the context of behavioral theories.

Reabilitação estética de incisivo central superior severamente escurecido

2020 ◽  
Vol 12 (45) ◽  
pp. 91-96
Author(s):  
Washington José Batista das Neves ◽  
João Paulo Alves da Silva Aguiar ◽  
Jamile Menezes de Souza ◽  
Evandro Augusto Feitosa de Lima Amorim ◽  
Marlus da Silva Pedrosa ◽  
...  
Keyword(s):  
Clinical Case ◽  
Tooth Whitening ◽  
Human Eye ◽  
Self Confidence ◽  
The Face ◽  
Natural Dentition ◽  
Dental Whitening

Dental unit darkening is the cause of aesthetic complaint by the patient, mainly because it is easily noticed by the human eye. Tooth whitening and ceramic veneers allow aesthetic rehabilitation in a pattern of visual equality to the natural dentition, by restoring teeth color and shape symmetry, bringing to the face a harmonious impact that is reflected in the entire set that composes it. By recovering teeth healthy appearance, this association of procedures restores people’s self-confidence. This study reports a clinical case of an esthetic management for darkened tooth 21, describing the sequence of techniques association of dental whitening and ceramic veneer to achieve aesthetics balance, showing the advantages and limitations of these procedures.

scholarly journals Adapting to Crisis: Accounting Information Systems during the Weimar Hyperinflation

2020 ◽  
Vol 94 (3) ◽  
pp. 593-625
Author(s):  
Sebastian Hoffmann ◽  
Stephen P. Walker
Keyword(s):  
Twentieth Century ◽  
Information Systems ◽  
Human Resources ◽  
Financial Reporting ◽  
Accounting Information ◽  
Accounting Systems ◽  
Accounting Information Systems ◽  
The Face ◽  
Managerial Reporting

German corporations are characterized as having been adaptable in the face of numerous traumatizing events during the twentieth century. This article explores how firms adapted their accounting information systems during the hyperinflation of the 1920s. It suggests that responses to the crisis focused on system elements identified as key to continuing operations. Initially, firms amended selling and purchasing arrangements, modified financial reporting, and shifted managerial reporting to nonmonetary information. As inflation accelerated, human resources were diverted to maintaining critical functions, especially those related to remunerating labor. While some elements of accounting systems fell into disrepair, there were also examples of innovation.

Information technologies in the activities of destination management organizations

2014 ◽  
Vol 20 (1) ◽  
pp. 61-70
Author(s):  
Jacek Borzyszkowski
Keyword(s):  
Information Systems ◽  
Information Technologies ◽  
Systems Design ◽  
Organizational Structures ◽  
Internet Marketing ◽  
The Internet ◽  
Average Value ◽  
Modern Information ◽  
Destination Management Organizations ◽  
Modern Technologies

The purpose – The purpose of the article was an attempt to assess the significance of two spheres connected with the functioning of DMOs, i.e. internet marketing and the development of modern technologies and information systems. Design – The study covers theoretical issues connected with the essence of destination management organizations as the basic organizational structures in the tourism sector, and with the significance of the Internet and modern information technologies in the activities of these organizations. The second part of the study covers the empirical issues of the problem analyzed. Approach and methodology – Apart from theoretical deliberations, it provides the review of previous research. Moreover, the results of the author’s research were used with the aid of the diagnostic survey technique. The results from 53 DMOs that represent 19 European states were obtained. Findings – The quantity of expenditures on information technologies was defined in the structure of the total expenditures on the part of DMOs. The average value for all the organizations under analysis was 10.9%. Owing to the application of the point grading method (Likert scale), it was demonstrated that internet marketing and the development of modern technologies and information systems are becoming increasingly more important areas of the activities. Originality of the research – The originality is evident in the insights it provides about use of modern information technologies and the Internet in the activities of DMO. The empirical deliberations presented in this article should become an important point of reference for many DMOs and should emphasize the growing significance of information technologies.

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