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SciNotesIBISciNotesIBIУченые записки Международного банковского институтаProceedings of the International Banking InstituteProceedings of the International Banking InstituteУченые записки Международного банковского институтаМеждународный банковский институтRUhttps://www.ibispb.ru/2413-3345263BFOITBСтатьиЗеленое финансирование и моделирование поведения его участниковGreen finance and modeling the behavior of its participantsКЛЮЧНИКОВ О.И.КЛЮЧНИКОВОлег Игоревич

PhD, Associate professor

Department of Banking Business and Innovative Financial Technologies

Department of Banking Business and Innovative Financial Technologies, Autonomous non-profit organization of higher education «International Banking Institute named after Anatoliy Sobchak»

60 Nevsky Ave., 191011, Saint Petersburg, Russia

Т.: +79219549889

к.э.н, доцент

Кафедра банковского бизнеса и инновационных финансовых технологий

Автономная некоммерческая организация высшего образования «Международный банковский институт» имени Анатолия Собчака

191011, Невский пр., 60, Санкт-Петербург, Россия

Т.: +79219549889

Автономная некоммерческая организация высшего образования «Международный банковский институт» имени Анатолия Собчака2021250620212 (36)2087105Received: 942026Copyright (c) 2021 Ученые записки Международного банковского института2021Ученые записки Международного банковского института<a rel="license" href="https://creativecommons.org/licenses/by-nc/4.0/"><img alt="Лицензия Creative Commons" src="//i.creativecommons.org/l/by-nc/4.0/88x31.png" /></a><p>Это произведение доступно по <a rel="license" href="https://creativecommons.org/licenses/by-nc/4.0/">лицензии Creative Commons «Attribution-NonCommercial» («Атрибуция — Некоммерческое использование») 4.0 Всемирная</a>.</p>

Предлагается трехагентная модель поведения участников зеленого финансирования. Путем моделирования поведения основных участников анализируется механизм адаптации системы и агентов к внутреннему и внешнему давлению с целью сохранения их функциональности и повышения производительности и эффективности зеленого финансирования.

В работе объединяются две проблемы: характер взаимоотношений в сфере зеленых финансов на примере зеленых облигаций и локальных агентных моделей. Для этого уточняется понятие «зеленые финансы» и анализируется поведение участников зеленого финансирования. Агентно-ориентированная модель позволяет анализировать реалистичную картину поведения агентов, преследующих рациональные цели с учетом текущего поведения и субъективных ожиданий. Такое поведение в статье определяется как «мягкая» рациональность, которая отличается от традиционной рациональности, соответствующей гипотезе эффективного рынка, и иррационального поведения, соответствующего поведенческим финансам.

A three-agent model of behavior of participants of green financing is proposed. By modeling the behavior of the main participants, the mechanism of adaptation of the system and agents to internal and external pressure is analyzed in order to preserve their functionality and increase the productivity and efficiency of green financing.

The paper combines two problems: the nature of relations in the field of green finance on the example of green bonds and local agnet models. To do this, the concept of green finance is clarified and the behavior of participants in green finance is analyzed. The agent-based model allows you to analyze a realistic picture of the behavior of agents pursuing rational goals, taking into account current behavior and subjective expectations. This behavior is defined in the article as «soft» rationality, which differs from traditional rationality, corresponding to the efficient market hypothesis, and irrational behavior, corresponding to behavioral finance.

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