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argue that the crucial break came not with Calvin, but with Jeremy Bentham, whose critique of the arguments of Adam Smith …
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During the short span of a few months in 2008, 14 trillion dollars of highly rated bonds fell into junk status, surprising the global financial system and accelerating an economic decline. The result was the worst fracture of the US financial system since the Great Depression. Credit rating...
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theoretical model rationalizes the idea that reciprocity can generate better repayment performances. Based on a unique hand … reciprocity in the credit market. Copyright Springer Science+Business Media Dordrecht 2014 …
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