Titlebook: Artificial Intelligence in Economics and Finance Theories; Tankiso Moloi,Tshilidzi Marwala Book 2020 Springer Nature Switzerland AG 2020 A

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The Laffer Curve,ffect?government revenues?differently in the short term and an extended basis. Initially, the increase in the tax rate would be followed by an increase in tax revenues generated by the government. This would continue until it reaches the prohibitive point. Beyond the prohibitive point, additional ta

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Moral Hazard,blem that stems from information asymmetry. Further, we looked at the two ways in which management literature has suggested to manage asymmetric information, adverse selection and moral hazard. These are the accounting framework and the agency theory. In looking at the agency theory as a mitigating

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Creative Destruction,vious technological solutions and lays waste old companies in order to make room for the new companies. One may think about the creative destruction in recent times, where searches were previously done through sites such as “HotBot, Ananzi Excite, WebCrawler, Ask Jeeves, Ask.com, Yahoo, Dogpile, Alt

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https://doi.org/10.1007/978-3-658-28247-9energy sources, discover faster modes of transportation for humans, goods and services, improved the speed in which we communicate, landed human beings on the moon, and there is even an attempt to send a mission to the sun.