The emergence of a knowledge capitalism is often considered as an alternative to a financial capitalism. Our goal is to … explain why the financial capitalism hypothesis is not relevant to characterize and to show that the hypothesis of a knowledge … capitalism can provide an explanation of the growth and the importance of finance. Three topics are considered:(1) the new forms …

return to a patrimonial society, corporations become political actors; occupational status and education's relevance are …

fundamental law of capitalism originated by Thomas Piketty illustrate capital inequality undervalued than labor inequality. In …

fundamental law of capitalism originated by Thomas Piketty illustrate capital inequality undervalued than labor inequality. In …

accompanied by reduced use of deception when lies would harm others, and increased use of deception to benefit others. In a sample … motives and envy. Children with stronger social preferences are less prone to deception, even when lying would benefit others …

This paper proposes an equilibrium approach to deception where deception is defined to be the process by which actions … theories compatible with the available information. We illustrate the phenomenon of deception and how reputation concerns may … deception affects standard economic insights through a number of stylized applications including a monitoring game and two …