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Agricultural production accounts for 64.2% of the Vietnam's Mekong Delta. However, this sector has to face damage risks, especially from the natural disasters, such as flood, drought, severe soil salinity, pests, and erosion, which might factor into the farmers' risk attitude and their...
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This paper examines how the combination of Artificial Intelligence (AI) and Blockchain technology can enable autonomous AI agents to engage and execute economic and financial transactions. We critically examine the constraints of AI agents in achieving predefined objectives independently,...
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Money has been the foundational layer for economic activity throughout the history of human civilisations. Sound money that can be reliably used as a store of value, a medium of exchange and a unit of account is critical for economic development and prosperity. Many types of monetary technology...
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Foreign direct investment (FDI) in developing countries is often associated with higher economic growth due to knowledge and technology spillovers to local firms. One way how FDI speeds up growth is that it facilitates the manufacturing of more sophisticated products by local firms. So far,...
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Alliances often provide a collective good among their allies. This article offers laboratory experimental evidence that the possibility to vote for the exclusion of non-cooperating allies, i.e. ostracism, can be a powerful negative referendum to increase allies' contributions to the collective...
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