The efficient-market hypothesis (EMH) is one of the most important economic and financial
hypotheses that have been tested over the past century. Due to many abnormal phenomena …

This study investigates trends in research at the intersection of economic growth and
renewable energy, recognizing the pressing need for sustainable long-term development …

This review explores the transformative potential of Artificial Intelligence (AI) in the light of
evolving threats to planetary health, particularly the dangers posed by the climate crisis and …

Purpose This paper aims to give a brief review on behavioral economics and behavioral
finance and discusses some of the previous research on agents' utility functions, applicable …

We investigate the effects of financial development on income inequality for a global sample
of countries between 1980 and 2019. The study contributes to the current literature by first …

Our paper contributes to the literature by developing the theory of the mean-variance (MV)
rules for investors with reverse S-shaped utility. To do so, we first introduce the definition of …

This study reinforces the minimal empirical work on the nonlinear relationship between
innovative activities, economic growth, and income distribution. Meanwhile, this study …

Equitable income distributions occupy a top spot on the list of the United Nations (UN)
Sustainable Development Goals (SDG10). Nonetheless, prior empirical inquiries noted …

This paper applies stochastic dominance techniques for income distribution analysis and
develops tests of richness and poorness to achieve more accurate characterizations of …

This paper introduces a new trading strategy in investment: to include the asset (Asset A)
with the highest mean, the asset (Asset B) that stochastically dominates many other assets …