The risk of lending money collected from savers is that it leaves banks liable to default with depositors if events (and hence repayment demands) become "abnormal". Even though international and national regulation has been introduced to ensure that a certain level of capital is retained by...

Paying it forward" is a behavior in which people help someone else because they were helped in the past. Although experimental evidence exists that indicates that real human beings often "pay-it-forward" even in the face of free-rider risks, the theoretical basis for the evolution of this...