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Liburkina L. M.

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Behavioral Economics in the Implementation of Social Initiatives on the Example of Eco-Solutions
Markovych I. B., Demkura T. V.

Markovych, Iryna B., and Demkura, Taras V. (2023) “Behavioral Economics in the Implementation of Social Initiatives on the Example of Eco-Solutions.” Business Inform 9:91–97.
https://doi.org/10.32983/2222-4459-2023-9-91-97

Section: Innovative Processes

Article is written in Ukrainian
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UDC 330.88

Abstract:
The purpose of the study is to identify opportunities for changes related to social initiatives in the field of environmental preservation and maintaining a healthy lifestyle, through the application of the achievements of behavioral economics. The article analyzes the features of the formation of the architecture of choice as an element of behavioral economics by the tools of nudging in the context of eco-solutions. It is shown that in the formation of the global goals of sustainable development, much attention is paid to the tasks of preserving the environment and saving resource consumption. In view of this, the development of programs and projects that will accelerate the achievement of these goals is extremely important both for Ukraine and for the world community in general. The expediency of applying such approaches to the formation of the architecture of choice, which can increase the level of intensity of the transition to ecological solutions, is substantiated: the option of «default» should include the element of «eco»; the importance of applying the principles of eco-design; access to eco-solutions should be at least no more difficult than traditional ones, and, speaking of an ideal, much easier; eco-solutions should be beneficial for the consumer, and the benefits are not limited to purely economic ones. The theoretical conclusions are justified by practical cases that have already been implemented and are demonstrating their effectiveness in Ukraine. The difficulties that become obstacles in the processes of environmental conservation and can be overcome by climate incentives are outlined. In general, it has been proved that behavioral economics is able to offer its tools for forming the habit of making eco-decisions in a balanced way, taking into account the need to preserve the environment. Promising directions of research are the analysis of the possibilities of implementing the principles of behavioral economics in decision-making processes in the field of education, personal development, finance, etc.

Keywords: behavioral economics, nudging, choice architecture, eco-solutions.

Fig.: 1. Bibl.: 17.

Markovych Iryna B. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Economics and Finance, Ternopil Ivan Pului National Technical University (56 Ruska Str., Ternopil, 46001, Ukraine)
Email: [email protected]
Demkura Taras V. – Candidate of Sciences (Economics), Vice President, Regional Development of the International Chamber of Commerce ICC of Ukraine (7 Kardynala Iosypa Slipoho Str., Ternopil, 46001, Ukraine)
Email: [email protected]

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