A Student Roundtable was held at SUTE on the occasion of the 80th anniversary of Nobel laureate Robert Shiller
General Information
On March 26, the State University of Trade and Economics hosted a student roundtable meeting "Irrational Behavior and the Financial Market", dedicated to the 80th anniversary of the birth of Nobel Prize laureate in Economics Robert Shiller - one of the most influential modern economists and founders of the theory of behavioral finance.
The event brought together thirty active and creative students from all faculties, who presented their own research and joined an active scientific discussion on the role of psychological factors, economic narratives and collective expectations in the formation of financial markets. Teachers from the departments of economic theory and competition policy, as well as banking, participated in their preparation.
The purpose of the round table was to publicize, discuss and summarize the results of student scientific research on topical issues of the applied significance of Robert Shiller's ideas for regulating the financial market of Ukraine and increasing the level of financial literacy.
The Dean of the Faculty of Economics, Management and Psychology Olga Korenyuk and the Head of the Department of Economic Theory and Competition Policy Yuriy Umantsiv addressed the participants with welcoming words, emphasizing the growing role of behavioral economics in explaining modern financial processes and the importance of student scientific research in this area.
The moderators of the round table were associate professors of the Department of Economic Theory and Competition Policy - Tamila Shcherbakova, Diana Shkuropadska and Yuliya Yasko, who directed the scientific discussion and contributed to the active discussion of the presented research.
Three thematic panels took place within the framework of the round table, covering a wide range of problems of modern behavioral economics. The first panel was devoted to behavioral determinants of market fluctuations and the formation of financial bubbles. Participants discussed the impact of emotions, the crowd effect, and collective expectations on the dynamics of financial markets, as well as behavioral factors in the emergence of excessive volatility and financial crises. Particular attention was paid to the analysis of cryptocurrency markets, the fear and greed index, and approaches to forecasting economic crises in the works of Robert Shiller.
The second panel focused on the impact of digitalization on financial markets and behavioral distortions of investors. The students' reports addressed the role of social networks in the formation of financial narratives, the digital transformation of the banking sector, cyber risks, and the impact of the information environment on economic expectations and investment decisions.
The third panel was devoted to behavioral economics, economic narratives, and financial stability. The participants discussed the behavioral risks of the financial system, the role of trust in financial institutions, as well as the possibilities of state policy to ensure the stability of financial markets. Special attention was paid to the concept of economic narratives proposed by Robert Shiller, which is actively used today to explain the dynamics of economic processes.
The round table became an important platform for student scientific communication, exchange of ideas and understanding of modern challenges of financial market development through the prism of behavioral economics. The presented studies demonstrated a high level of interest of students in current problems of economic science and their willingness to join scientific discussions on the future of financial systems.
The organizing committee sincerely thanks all participants of the round table for their inspiration, meaningful ideas and creative view on modern challenges of financial market development.
It is such scientific discussions that contribute to the formation of a new generation of economists and the development of economic science in Ukraine.
Tetyana OZHELEVSKA,
Associate Professor, Department of Economic Theory and
Competition Policy, SUTE



