Behavioral Finance is one of the most novel developments in Behavioral Economics. Since the end of the 1970ies a wide range of psychological, economic and sociological laboratory and field experiments proved human beings deviating from rational choices and standard neo-classical profit...

Climate control needs have reached momentum. While scientists call for stabilizing climate and regulators structure climate change mitigation and adaptation efforts around the globe, economists are concerned with finding proper and fair financing mechanisms. In an overlapping-generations...

The time for defashionization has come. With the United Nations Conference of the Parties COP26 heralding the call for attention to sustainable fashion, society is ripe to question the whims of fashion’s impact on sustainability. Is the luxury moment of our time harmony with nature and...

Time tacts life. While not everyone has money and access to financial resources is unequal, all humankind has equal access to time. In the ample literature on mental accounting in the finance domain, the scarce resource time has not been tested though. Regarding monetary gains, individuals were...

Thomas Piketty’s Capital in the 21st Century is about societal inequality. But it is also raises questions regarding social mobility. Inequality reduces when people improve their societal placement from one generation to the next. If individuals cannot advance based on their education, work...

Globalization and socio-economic changes heralded attention to Financial Social Responsibility. In the aftermath of the 2008/09 World Financial downturn, the interest in understanding social responsibility in the interplay of financial markets and the real economy reached unprecedented momentum....

The following paper promotes the idea of intergenerational equity in the corporate world as Corporate Social Responsibility (CSR) means to coordinating the common goods and imbuing economic stability beyond a purely governmental approach. The outlined intergenerational equity constraints herald...