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This study examined the influence of cognitive biases on financial literacy test outcomes across four generational groups: Gen Z, Millennials, Gen X, and Baby Boomers. Using the National Financial Capability Test and an online in silico experiment, we analyzed how cognitive biases influence the...
Persistent link: https://www.econbiz.de/10015337755
This study extends the concept of granularity from firms to cities, examining how large cities influence national economic dynamics beyond their relative size. By applying Zipf's law, which describes the power law distribution of city sizes, we investigate the interplay between granularity and...
Persistent link: https://www.econbiz.de/10014636161