Through readings and assignments, you will gain self-awareness, knowledge, and practice that can help you manage money wisely. By the end of the course, you will be able to:  describe your financial influences and values  use an income and spending log  develop a budget  identify opportunities to reduce spending  critically read credit card offers and credit reports  consider costs and be...

A standard problem in finance is that of an agent, with an asset, who seeks to raise a fixed amount of money by selling part of it. For example, consider an entrepreneur who sells shares in his company to raise a fixed amount of money from venture capitalists, or a firm in financial distress that has to sell off some of its assets to settle its obligations. These sales differ from the standard ...

this article uses seasonal integration and co integration techniques to test the hypothesis of neutrality of money, using data from the iranian economy. seasonal data for the three variables of money supply, output and prices show that (increase in) money supply and the price level are co integrated at zero frequency, but one does not see such a relationship between (increase in) money supply a...

assessment of compensation for the reduction in the value of the currency in case of the financial dowry is the issues that were not previously. the creation of credit money and their value redution caused that compensation for the value of money be considered as a means to preserve the value of money in financial liabilities arise such as dowry. in this regard, there was an waver to article 10...

It has been long recognized that different people may use different strategies, or decision rules, when playing games or dealing with other complex decision problems. We provide a new Bayesian procedure for drawing inferences about the nature and number of decision rules that are present in a population of agents. We apply our procedure to analyze the actual behavior of subjects who are confron...

Behavioral economists have proposed that money illusion, which is a deviation from rationality in which individuals engage in nominal evaluation, can explain a wide range of important economic and social phenomena. This proposition stands in sharp contrast to the standard economic assumption of rationality that requires individuals to judge the value of money only on the basis of the bundle of ...

Why are people interested in money? Specifically, what could be the biological basis for the extraordinary incentive and reinforcing power of money, which seems to be unique to the human species? We identify two ways in which a commodity which is of no biological significance in itself can become a strong motivator. The first is if it is used as a tool, and by a metaphorical extension this is o...

Economic development and globalization of international markets have created a favourable atmosphere for the emergence of new forms of crime such as money laundering or financing of terrorism, which may contribute to destabilized and damage economic systems. In particular, money laundering have acquired great importance since the 11S attacks, what has caused on the one hand, the establishment a...