Globalization leveraged pressure on contemporary society. One of today's most pressing societal dilemmas between generations arise from overindebtedness. In the aftermath of the 2008/09 crisis, governmental budget crises around the world led to austerity plans triggering an economic climate of...

A growing body of academic research in the field of behavioural economics, political science and psychology demonstrate how an invisible hand can nudge people's decisions towards a preferred option. Contrary to the assumptions of the neoclassical economics, supporters of nudging argue that...

In the wake of historical and political events, stakeholder pressure can trigger shareholders to divest from politically incorrect markets with the goal of accomplishing socio-political change. As a comparative study, this paper reviews political divestiture to provide a theoretical framework...

According to Semmler (2019), for speculations, currency and financial crises, the economic literature can be divided into three generations of models: (1) Focus on macroeconomic fundamentals (such as differences in economic growth rates, productivity and price levels, short-term interest rates...

We propose a new measure of accounting reporting complexity (ARC) based on customized extensions XBRL elements in relation to the number of reporting tags (NRT), expressed as the relative Extension Rate (ER) as a behavioral economics solution to improve markets. Behavioral insights have recently...

To an extent as never before in the history of medicine, computers are supporting human input, decision making and provision of data. In today's healthcare sector and medical profession, AI, algorithms, robotics and big data are used to derive inferences for monitoring large-scale medical...

Political economy concerns historical, legal and heterodox economics analysis of complex systems. This article attempts to analyze the current state of the European Union from historical, legal and interdisciplinary economics perspectives. Historically, the ancient Athenian democracy, the Holy...