BEHAVIORAL ECONOMICS AND FINANCIAL GLOBALIZATION: ESSENCE AND BASIC CONCEPTS

An original technique is proposed to reduce the likelihood of errors when choosing priority areas of the country's social and economic development.Examples of the methodology implementation using the created methods and computer programs are given.Keywords: methodology, probability of error, priority areas, development of the country, simulation models, automated synthesis, computer programs Formulation of the problem.As is known, in the world more than two hundred countries are guided by a market (or quasi-market) economy, and the results of the socio-economic development of these countries are somehow different.And the rate of occurrence of positive changes in the economies of the countries of the world is also different (see data from the UN and the World Bank for the PRC, India and a number of other countries).Moreover, as it turned out, neither the climate, nor the area of the territory, nor the geographical latitude for some reason have a significant impact on the most important economic indicators and results.It seems to us that many of the problems in the economic field are caused by mistakes made by someone, perhaps many years ago when choosing priority areas for investing from the state budget in promising sectors that accelerate the country's social and economic development.It can be assumed that the greater the spread in the level of professionalism and ability of a team of decision makers (DM), the more noticeable will be the difference in the standard of living of people who are run by such DM.