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The prevention of wrongdoing, both civil and criminal, is a growing preoccupation of businesses. The academic study of such compliance and potential wrongdoing is also a growth industry. However, much like a decentralized firm with various subunits that do not communicate efficiently with each...
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Given the increasing relevance of Behavioral Economics in understanding decisions, this paper has analyzed the role of Mental Accounting (MA) in influencing Personal Financial Planning (PFP) decisions of Indian Households. Using the components put forth by the behavioral life cycle theory, MA...
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