The concept of risk has been a subject that has attracted the attention of many scientists from past to present. However, although risk perception has been examined in every field in the economics literature, it has not been included in a cultural study. The aim of the study was to analyze the possible effects of social cultures on behavioral economics with an analytical view. Within the scope of the study conducted with the data analysis method, the cultural dimensions and scores of Turkey, Russia, Japan and the USA were analyzed comparatively. As a result of the study, it has been determined that the USA, unlike Turkey, Japan and Russia, is a society that does not avoid risk, exhibits individual behavior rather than collective action, and acts freely. It has been tried to prove that this cultural structure in the relevant countries is reflected in individual expenditures and economic attitudes. This study, which was written for the first time in the behavioral economics literature, may also lead to the emergence of new studies in economic culture.
Primary Language | Turkish |
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Subjects | Economics |
Journal Section | Research Articles |
Authors | |
Publication Date | June 8, 2022 |
Submission Date | January 25, 2022 |
Published in Issue | Year 2022 Volume: 4 Issue: 1 |
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