Financial behavioural intentions in correlation with contextual cues and financial literacy – a hungarian empirical study

HIGHLIGHTS

  • What: The study examined how behaviour can be influenced by nudge interventions and how their efficacy depends on levels. The study examined the impact of contextual cues on financial behaviour in an adult Hungarian sample and tested whether these contextual cues also work for people with higher levels of financial literacy. This study shows that financial behaviour is nudgesensitive, even if the authors did not claim the desirability of one or the other behaviour option. The research has significantly contributed to the field of behaviour finance by providing insight into financial literacy in Hungary and ways of . . .

     

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