The Relationship between Decision and Payment Habits and Its Relation with Wasting—Evidence from Hungary

Pintér, Zsófia; Tóth, Katalin; Bareith, Tibor; Varga, József

doi:10.3390/su13137337

Cited by 4 publications

(2 citation statements)

References 21 publications

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“…Further proliferation of epayment is changing customer behavior. Other studies also recognize that the use of cash has become a more costly solution [71] and that e-payment increases the financial awareness of customers [72].…”

Section: Discussionmentioning

confidence: 99%

COVID-19 and Behavioral Factors of e-Payment Use: Evidence from Serbia

et al. 2023

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Banknotes and coins are some of the most frequently traded items in the world. Their current use, however, is unsustainable, and many countries are trying to digitalize their payment systems. The recent pandemic has accelerated this transition. Building on the Theory of Unintended Consequences, the aim of this article is to examine the influence of some pandemic-specific factors (in specific, hand sanitization, conspiracy theory mentality, and financial acumen) on the current and prospective use of e-payment. A particular aim of the study is to analyze these relationships in Serbia (as an example of a cash-centric society). The study is based on primary data gathered via a questionnaire. The questionnaire was designed for the purpose of this study. In total, the study examined N = 474 examinees. The results of this study confirm that the pandemic-induced variables are statistically significant predictors of e-payment use. In particular, hand sanitization, conspiracy mentality (reversely), and financial acumen positively affect current and prospective e-payment use.

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Section: Discussionmentioning

confidence: 99%

COVID-19 and Behavioral Factors of e-Payment Use: Evidence from Serbia

et al. 2023

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“…(Nakamoto, 2008). It is not governed by central authorities, such as governments or central banks, and intermediaries for currency issuance or settlement and validation of transactions, and can provide lower transaction fees for payments (Ali et al, 2014) In Hungary, cash payments are dominant, although digital solutions are gaining ground (Pintér et al, 2021(Pintér et al, , 2022Menrad & Varga, 2020). Cryptocurrency payments are negligible.…”

Section: Introductionmentioning

confidence: 99%

The Link Between Return and Risk in the Case of Bitcoin

Gulyás,

Sipiczki,

Gál

2023

RBS

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Over time, cryptocurrencies have experienced a widespread adoption, with bitcoin emerging as the most prominent example. In an increasingly uncertain world, the significance of possessing a stable store of value, traditionally fulfilled by gold, has escalated. Bitcoin has been often referred to as a digital equivalent of gold. Hence, this study primarily focuses on analyzing the price dynamics of this particular cryptocurrency. A comprehensive literature review will be employed to examine the regulatory obstacles encountered within the cryptocurrency market. Additionally, considering the contentious nature of this field, special attention will be devoted to the clash of perspectives surrounding this innovation. Subsequently, concentrating on the period 2016-2021, this paper will investigate the factors that define a risk-weighted investment, utilizing the Sharpe ratio and Sortino ratio. However, there has been significant volatility in the price of Bitcoin in 2020-2021, and our research fills a gap in the relationship between Bitcoin returns and risk in the post-2016 period. Overall, the analysis concludes that bitcoin exhibits highly turbulent investment characteristics. Despite its substantial price appreciation, the findings indicate that bitcoin displays significant volatility. Consequently, selecting this investment alternative entails considerable risks. Based on our results, there were years between 2016-2021 when bitcoin was a good investment, but in most cases its returns were associated with excessive volatility and risk. For this reason, it is not recommended for risk-averse rational investors.

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