None of the known macroeconomic theories are adequate to understand what to do in a global crisis like the 2020 Global Pandemic. Rational Expectations and monetarism cannot even ex-plain how is that a global crisis like this happens. The IS-LM model was designed to manage business cycles, but...

The main objective of this paper is to examine the contribution of the high unemployment rate for the increase in the level of poverty and income inequality during and after the 2008 global financial crisis in Spain. Secondary household survey data from the European Union database (EU_SLIC) for...

The objective of this study is to analyze the impacts of GDP related variables in economic growth of Sri Lanka. Although there are many important variables affects to the GDP growth, this study focuses only on Foreign Direct Investment (FDI), external debt stock, domestic saving rate, net export...

The paper puts forward a small but novel idea of how we can cut down the incidence of bribery. There are different kinds of bribes and what this paper is concerned with are bribes that people often have to give to get what they are legally entitled to. I shall call these ― “harassment...

The research article presents the highly innovative theoretical research results: 1) the new quantum microeconomics theory in the quantum econophysics science is formulated; the idea on the existence of the discrete-time induced quantum transitions of firm’s earnings (the firm’s value) in the...

The research article presents the highly innovative theoretical research results: 1) the new quantum microeconomics theory in the quantum econophysics science is formulated; the idea on the existence of the discrete-time induced quantum transitions of firm’s earnings (the firm’s value) in the...

Although there are alternative models which can explain the Allais paradox with non-standard preferences, they do not take the emerging evidence on preference imprecision into account. The imprecision is so far incorporated into these models by adding a stochastic specification implying the...

This paper presents a new theory, called Preference Cloud Theory, of decision-making under uncertainty. This new theory provides an explanation for empirically-observed Preference reversals. Central to the theory is the incorporation of preference imprecision which arises because of...

The objective of this paper to characterize some indicators of overall performance of Dutch Lady Malaysia with specific risk factors and macroeconomics factors (GDP, inflation rate) on return on assets (profitability). The information was collected from Dutch Lady Malaysia annual report for five...

Recent rapidly rising and volatile energy commodities prices and financial price manipulation scandals have brought the pricing mechanisms of crude oil derivatives to the fore of both popular press and policy initiatives. Among the most important of such commodities is Brent Crude. Brent Crude...