Psychological and Sociological Factors Weakening Public Budget Awareness

Public budget, which is the total of the expenditures made to meet the common needs of the society and of the revenues obtained to finance these expenditures, can be expressed with a “common wallet” metaphor. However, the main problem is, in case that public resources are not used correctly and effe...

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Main Authors: Fidan Kılavuz, Cihan Yüksel
Format: Article
Language:English
Published: International Public Finance Conference/Turkey 2019-12-01
Series:International Journal of Public Finance
Subjects:
Online Access:https://dergipark.org.tr/en/download/article-file/906781
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author Fidan Kılavuz
Cihan Yüksel
author_facet Fidan Kılavuz
Cihan Yüksel
author_sort Fidan Kılavuz
collection DOAJ
description Public budget, which is the total of the expenditures made to meet the common needs of the society and of the revenues obtained to finance these expenditures, can be expressed with a “common wallet” metaphor. However, the main problem is, in case that public resources are not used correctly and effectively, why citizens do not show as much sensitivity towards their common wallets, as they show towards their personal wallets. It is important to examine the factors that weaken public budget awareness (common wallet perception) on the basis of behavioral economics, which is an area that observes the effects of people's attitudes, behaviors, and thoughts on economic-based choices and decisions and examines these observations based on experiments. For this reason, the main purpose of our study has been to bring some concepts used in the fields of psychology and sociology in the field of public finance. In this study, the "fiscal alienation" concept was derived from the concept of lack of social belonging, “lack of fiscal altruistic punishment" concept from the concept of altruistic punishment, "fiscal bystander effect" from the concept of the bystander effect, "fiscal social loafing" concept from the concept of social loafing, "behavioral fiscal dissonance" concept from the concept of the theory of cognitive dissonance, and "the problem of fiscal ethic" concept from the concept of undeveloped ethical culture/behaviors.
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spelling doaj.art-f4ce73b2d61d41f9b67880666cc9c5c72023-02-15T16:18:43ZengInternational Public Finance Conference/TurkeyInternational Journal of Public Finance2548-04992548-04992019-12-014212714410.30927/ijpf.634944Psychological and Sociological Factors Weakening Public Budget AwarenessFidan Kılavuz0Cihan Yüksel1Mersin UniversityMersin UniversityPublic budget, which is the total of the expenditures made to meet the common needs of the society and of the revenues obtained to finance these expenditures, can be expressed with a “common wallet” metaphor. However, the main problem is, in case that public resources are not used correctly and effectively, why citizens do not show as much sensitivity towards their common wallets, as they show towards their personal wallets. It is important to examine the factors that weaken public budget awareness (common wallet perception) on the basis of behavioral economics, which is an area that observes the effects of people's attitudes, behaviors, and thoughts on economic-based choices and decisions and examines these observations based on experiments. For this reason, the main purpose of our study has been to bring some concepts used in the fields of psychology and sociology in the field of public finance. In this study, the "fiscal alienation" concept was derived from the concept of lack of social belonging, “lack of fiscal altruistic punishment" concept from the concept of altruistic punishment, "fiscal bystander effect" from the concept of the bystander effect, "fiscal social loafing" concept from the concept of social loafing, "behavioral fiscal dissonance" concept from the concept of the theory of cognitive dissonance, and "the problem of fiscal ethic" concept from the concept of undeveloped ethical culture/behaviors.https://dergipark.org.tr/en/download/article-file/906781public budgetcommon walletbehavioral economicsfiscal psychologyfiscal sociology
spellingShingle Fidan Kılavuz
Cihan Yüksel
Psychological and Sociological Factors Weakening Public Budget Awareness
International Journal of Public Finance
public budget
common wallet
behavioral economics
fiscal psychology
fiscal sociology
title Psychological and Sociological Factors Weakening Public Budget Awareness
title_full Psychological and Sociological Factors Weakening Public Budget Awareness
title_fullStr Psychological and Sociological Factors Weakening Public Budget Awareness
title_full_unstemmed Psychological and Sociological Factors Weakening Public Budget Awareness
title_short Psychological and Sociological Factors Weakening Public Budget Awareness
title_sort psychological and sociological factors weakening public budget awareness
topic public budget
common wallet
behavioral economics
fiscal psychology
fiscal sociology
url https://dergipark.org.tr/en/download/article-file/906781
work_keys_str_mv AT fidankılavuz psychologicalandsociologicalfactorsweakeningpublicbudgetawareness
AT cihanyuksel psychologicalandsociologicalfactorsweakeningpublicbudgetawareness