Altruism refers to a willingness to benefit others, even at one’s own expense. In contrast, selfishness refers to prioritizing one’s own interests with no consideration for others. However, even if an agent is selfish, he might nevertheless act as if he were altruistic out of selfish concerns triggered when his action is observed; that is, he might seek to feel pride in acting altruistically an...

We begin with some thoughts on how model theory relates to other parts of mathematics, and on the indirect role of Gödel’s incompleteness theorem in this connection. With this in mind we consider in Section 2 the fields of real and p-adic numbers and show how these algebraic objects are understood model-theoretically: theorems of Tarski, Kochen, and Macintyre. This leads naturally to a discussi...

We develop a tractable two-country overlapping-generations model and show that cross-country differences in financial development can explain three recent empirical patterns of international capital flows: Financial capital flows from relatively poor to relatively rich countries, while foreign direct investment flows in the opposite direction; net capital flows go from poor to rich countries; d...

This paper analyzes the effect of the Earned Income Tax Credit (EITC) on investment income. Policy-makers have devoted substantial time and resources toward increasing the saving rate of low-income households, yet the EITC provides a substantial disincentive for individuals to save and realize investment income. I find a one percent increase in the aftertax return to saving causes a 3.05 percen...

Foreign aid recipient fiscal response in developing countries is studied using utility/welfare maximization principle. The underlying assumption of this function (utility/welfare can be maximized by narrowing the deviations of the actual values from their desired values subject to the constraints of finance) doesn’t capture the interplay between project aid inflows and the adjustment process of...

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among investments in different sections of economy, investment in agriculture is great importance. in addition to increasing production and job opportunities in agriculture, investment in this section will help to increase these in other sections as well, due to back and front relations with other economic activities. due to the fact that investment does not yield rapidly, and it takes some tim...

The purpose of this study was to determine the effect of financial distress on investment behavior for the years of 2011 to 2016. The statistical population of the research is Tehran Stock Exchange. According to the systematic elimination method, 104 companies have been selected as the statistical sample. In this research, financial distress is independent variable and corporate investmen...

BACKGROUND Successful weight management involves the regulation of eating behavior. However, the specific mechanisms underlying its successful regulation remain unclear. This study examined one potential mechanism by testing a model in which improved body image mediated the effects of obesity treatment on eating self-regulation. Further, this study explored the role of different body image comp...