The Behavioral Role of Digital Economy Adaptation in Sustainable Financial Literacy and Financial Inclusion

The basic aim of this research was to investigate the impact of the behavioral biases on financial inclusion in Pakistan while considering the moderating effect of financial literacy in this relation, in the context of behavioral perspective. This study focused on the significant behavioral phenomenon, including self-control, optimism, herding, and loss aversion with a perspective of the digital economy. To test the proposed hypothesis, the primary data collection method was used. A structured questionnaire was designed to collect data from 102 individual households through the convenience sampling technique. SmartPLS was used to analyze collected data. This study found the negative impact of self-control, optimism, and herding on financial inclusion. In contrast, loss aversion contributes to the uplift of financial inclusion in Pakistan. Similarly, financial literacy proved to have a decreasing effect on financial inclusion because of religious concerns. The moderation effect of financial literacy was also significantly positive except for loss aversion. The behavioral phenomenon proved to have a significant impact on financial inclusion. This research shows that individual households who do not use developed technological services and products from formal financial inclusion can overcome the behavioral biases that hinder them from making informed financial decisions. This research work will significantly help households use financial services to improve their standard of living and overall long-term financial well-being. This research is essential because many households are not using bank services and have low financial knowledge in Pakistan. The key contribution of this research study is that it found the relation between behavioral factors and financial inclusion. Financial literacy also has a moderating effect on their relations.

“Watching Eyes” Triggers Third-Party Punishment: The Role of Emotion Within the Eyes

Third-party punishment refers to a behavioral phenomenon whereby people punish wrongdoers even if their sanction incurs personal costs but yields no direct benefits. Given the eye cues demonstrated ability to convey signals of being observed, its effect on third-party punishment, driven by virtue of its effects on others' perceptions, was investigated. In addition, emotional message featured in the eye region is crucial in social interaction, whether the emotion within the eyes serves this effect with varying degrees of influence has rarely considered. The present study aimed at exploring (a) the watching eyes effect on the third-party punishment and (b) whether this effect varies from negative eyes to positive eyes. By two experiments using a modified Third-Party Dictator Game, we displayed either eye images or control images above the question on whether to punish the dictators or not. There was no emotional diversity of eye cues in Experiment 1, and most participants tended to punish for unfair offer. However, the appearance of eye images increased the punishment relative to control images. In Experiment 2, the eye cues were subdivided into positive and negative. The effect of watching eyes on the third-party punishment was significantly stronger when the eyes were negative than positive. Results revealed that eye cues play a role in promoting the third-party punishment and offer a potential insight into the mixed findings, such that the emotion within the eyes, especially the negative expression in the eyes, may influence the watching eyes effect.

Child Mental Health: Clinical and Developmental Review

Mental health can be defined as the "Positive emotional, behavioral, and mental state that can be seen in higher level of personal and social adjustment in personality, signed in several attribute or aspects" According to the developmental period of children, it is important to relate the developmental tasks/ demands and psychosocial needs and demands of child's development to the aspect mental health. The study concludes that the good understanding, predicting and treating child's behavior and personality require to applicate multi-methodologies for investigating this complex behavioral phenomenon.

The influence of spatial location on same-different judgments of facial identity and expression

The “spatial congruency bias” is a behavioral phenomenon where two objects presented sequentially are more likely to be judged as being the same object if they are presented in the same location (Golomb et al., 2014), suggesting that irrelevant spatial location information may be bound to object representations. Here, we examine whether the spatial congruency bias extends to higher-level object judgments of facial identity and expression. On each trial, two real-world faces were sequentially presented in variable screen locations, and subjects were asked to make same-different judgments on the facial expression (Experiments 1-2) or facial identity (Experiment 3) of the stimuli. We observed a robust spatial congruency bias for judgements of facial identity, yet a more fragile one for judgements of facial expression. Subjects were more likely to judge two faces as displaying the same expression if they were presented in the same location (compared to in different locations), but only when the faces shared the same identity. On the other hand, a spatial congruency bias was found when subjects made judgements on facial identity, even across faces displaying different facial expressions. These findings suggest a possible difference between the binding of facial identity and facial expression to spatial location.

Digital Emotion Regulation

People routinely regulate their emotions in order to function more effectively at work, to behave more appropriately in social situations, or simply to feel better. Recently, researchers have begun to examine how people shape their affective states using digital technologies, such as smartphones. In this article, we discuss the emergence of digital emotion regulation, both as a widespread behavioral phenomenon and a new cross-disciplinary field of research. This field bridges two largely distinct areas of enquiry: (a) psychological research into how and why people regulate their emotions, which has yet to systematically explore the role of digital technology, and (b) computing research into how digital technologies impact users’ emotions, which has yet to integrate psychological theories of emotion regulation. We argue that bringing these two areas into better contact will benefit both and will facilitate a deeper understanding of the nature and significance of digital emotion regulation.

RESEARCH OF FRUSTRATION EXPERIENCES OF FUTURE PSYCHOLOGISTS

The article presents the results of an empirical study of the experience of frustration in students - future psychologists based on previously developed theoretical model of this emotional-behavioral phenomenon. On the basis of valid psychodiagnostic techniques, an empirical study of the emotional and behavioral components of frustration among students of the first and fourth educational courses was conducted, and the assumption was made that the main criteria for the manifestation of frustration in future psychologists are the orientation and fixing a behavioral reaction in response to a negative emotional state that arises from unmet need.A qualitative analysis of the empirical data traces the relationship between the components of frustration as a deterministic influence of the frustration state on frustration behavior. At the same time, mutual determination emerges as the need for the subject to overcome the negative state through the exercise of frustration more than to satisfy the need.The article consists of introduction, statement of the purpose and tasks of the article, presentation of the main material and conclusions.

Reduced loss aversion in subclinical negative symptoms and hypomania

Loss aversion is a behavioral phenomenon that describes a higher sensitivity to losses than to gains and influences decisions. Decision-making is altered in several psychopathologic states, such as in the two symptom dimensions of hypomania and negative symptoms. It has been argued that progress in our understanding of psychopathology requires a reorientation from the traditional, syndrome-based perspective to a more detailed study of individual constituent symptoms. In the present study, we made careful efforts to dissociate the relationship of loss aversion to negative symptoms, from its relationship with hypomanic symptoms. We selected a sample of 45 subjects from a healthy student population (n = 835) according to psychopathologic scales for hypomania and negative symptoms and stratified them into a control group (n = 15), a subclinical hypomania group (n = 15) and a negative symptoms group (n = 15). Participants completed a loss aversion task consisting of forced binary choices between a monetary gamble and a riskless choice with no gain or loss. We found, that these two symptom dimensions of hypomania and negative symptoms have a similar inverse relation to loss aversion as demonstrated by analysis of variance. Further research is warranted to describe the underlying psychological and neurobiological mechanisms at play. Given the partially opposing nature of hypomania and negative symptoms it further needs to be elucidated whether they are linked to loss aversion via dissociable mechanisms.

TAX COMPLIANCE: THEORIES, RESEARCH DEVELOPMENT AND TAX ENFORCEMENT MODELS

Tax compliance is still a serious problem in various countries. This is indicated by the low level of tax compliance and tax ratio. This paper aims to discuss tax compliance from three main perspectives, namely theories about tax compliance, research variables derived from the theory put forward, and models of tax compliance enforcement. Broadly speaking, this theory is divided into two, namely the economic-deterrence model and the fiscal and social psychology model. For a discussion of the research variables that have been tested before, this article follows the classification proposed by Devos (2014). Devos divides these variables into three classifications, namely tax / moral ethics variables, equity and fairness variables and deterrence measures variables. This writing also discusses tax compliance as a behavioral phenomenon. Next, the models of tax law enforcement are explained as proposed by Alm and Torgler (2011) and several other proposed models. Alm and Torgler classified the models into three paradigms, that is, traditional deterrence paradigm, services paradigm, and trust paradigm. These models are proposed to build a mutually beneficial enforcement model for tax authorities and taxpayers.