How people assess their prospects and act accordingly is anchored in time and space. But context is only half the story. Human beings share predispositions in favour of the here and now, discounting the future, and risk aversion. This paper provides a framework for integrating cognition with...

London dominates the European financial services industry, being the centre-point for advanced financial services, skilled labour, and the complex array of services needed to invest beyond Europe's borders. As in other global financial centres, there is a premium on talented portfolio managers....

Quintessentially a US phenomenon, the information and knowledge economy (IKE) combines regional clusters of innovation with new and sophisticated forms of intellectual and finance capital. Regions such as Silicon Valley in California and Route 128/495 in Boston have excelled in technologically...