Corruption often involves bribery, when a briber suborns power-holder to gain advantages usually at cost of moral transgression. Despite its wide presence in human societies, the neurocomputational basis bribery remains elusive. Here, using model-based fMRI, we investigated neural substrates how decides accept or reject bribe. Power-holders considered two types brought by taking bribes: connivi...

Introduction Cryptocurrency investment and trading are rapidly growing activities due to the development of applications platforms that offer fast, continuous, easy entry into cryptocurrency world. To understand decision making in holders, we assessed temporal discounting, is, whether Bitcoin holders disregard rewards if they distant time overvalue more immediate. Further, compared performance ...

In the last two decades of the 20th century, recurring fiscal and financial crises, unsatisfactory growth, and deep and persistent inequality endangered development prospects in Latin America and the Caribbean (LAC). Since then, financial stability and growth have improved, but inequality and economic and social exclusion remain key areas of concern; they are, arguably, the main challenges to b...

The prevalent consensus in critical social sciences is that finance articulates the world economy as a global hierarchy of creditor-debtor relations reproduce and further aggravate existing income wealth inequalities. Class struggle correspondingly understood conflict between elite creditors, who are members top 1% holders, mass debtors, burdened by growing costs servicing public private debts....

Since corporate debt tends to be riskier in recessions, transfers from equity holders to debt holders that accompany corporate decisions also tend to concentrate in recessions. Such systematic risk exposures of debt overhang have important implications for corporate investment and financing decisions, and for the ex ante costs of debt overhang. Using a calibrated dynamic capital structure model...

in order to estimate the effects of the macrc~econornic indicators on the income distribution of iran, the time series data during the period of 1971-1991 were used. first the yammetric inequality indicators (the gini coefficients) were estimated for the years 1991-1972. the results show the lowest level of inequality in 1980 with g=0.42 and the highest level in 1982 with g=0.55. arzulysing the...