Economics of happiness and its mechanism in preventing financial delinquency

Financial crime is one of the major challenges of the legal and judicial systems of the world today, and the experiences of countries show the fact that the application of punitive punishments and strict strategies have not been very successful in curbing such crimes. Criminologists consider preventive approaches to be more effective, and among these approaches is a happy economy, which includes components such as life expectancy, GDP, sustainable development, income, job, education, and the like. This method is based on the premise that financial criminals can be prevented by curbing economic problems and improving people's income and livelihood and strengthening people's mental well-being. Therefore, the purpose of this article is to investigate the happiness economy mechanism in the prevention of financial delinquency. The research method is descriptive and analytical and the research findings indicate that life expectancy, gross domestic product, sustainable development, income, job, and education reduce financial delinquency.