Behaviour in Financial Decision-Making

Dear Colleagues,

Financial decision-making is a complex process influenced not only by rational considerations but also by cognitive biases, emotions, social dynamics, and institutional contexts. Recent advancements in behavioural finance and related fields have demonstrated that both individual and collective decisions often diverge from the predictions of traditional financial theories. Gaining insight into these behavioural dynamics is essential for enhancing both academic research and its practical applications in areas such as investment strategy, corporate governance, financial innovation, and policy design.

This Special Issue invites the submission of theoretical, empirical, and experimental contributions that examine how behavioural factors impact financial decision-making within markets, organizations, and society at large. Areas of interest include, but are not limited to, the following:

• Cognitive biases and heuristics in both individual and institutional investment decisions;
• Behavioural drivers influencing household finance, saving, and consumption choices;
• The interplay of investor sentiment, emotion, and risk perception;
• The impact of social dynamics and cultural influences on financial behaviour;
• Behavioural aspects of corporate finance and governance;
• The impact of digitalization, fintech, and AI on decision-making processes;
• Policy implications stemming from behavioural insights for regulation and financial stability.

By highlighting interdisciplinary perspectives, this Special Issue aims to enrich our understanding of financial decision-making, promote innovative research methodologies, and encourage dialogue among academics, practitioners, and policymakers.

Dr. Domicián Máté
Prof. Dr. Maria Fekete-Farkas
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 250 words) can be sent to the Editorial Office for assessment.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Risk and Financial Management is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1600 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.