Compare with the rate of development of human society , human biological evolution and behavioral pattern change very slowly ,thus human has to use “raw” cognitive pattern which cause bias to process modern information. To study the problem of Corporate Over-investment based on Heuristic...

As is considered in this paper，none of the ever existing long wave theories can totally describe or correctly explain the chronic fluctuating characters of the capitalist world economy system since the year 1857. Based on Karl Marx’s greatest work “Capital” and combined with considerable...

Abstract: Ever since the separation of the loan capital from the commercial capital and the industrial capital, the virtual economy has been generated and expanded gradually along with the economic development. The virtual economy is a double-edged sword: on one hand, it promotes the development...

This paper, by building a New Keynesian dynamic general equilibrium model that combines with distortionary taxation, pollution decision of firms, and environmental quality evolution under uncertainty, analyzes shocks from markets and taxation policies on macro-economy and environmental quality...

Chinese Abstract:...

Chinese Abstract:...