The Theory of Finance: A novel finance model being formed on the Internet

Magomet Yandiev ()
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Magomet Yandiev: Department of Economics, Lomonosov Moscow State University
Authors registered in the RePEc Author Service: Magomet Iandiev ()

No 16, Working Papers from Moscow State University, Faculty of Economics

Abstract: The present paper argues that the present Internet conditions favour an entirely new finance model. Understood to soon supplement the existing ones (classical finance, corporate finance, and Islamic finance), it is argued that the new model will be defined by the destructive effect it is to have on the contemporary financial infrastructure of most countries, and the advent of the ‘future money value exceeds its present one’ principle.

Keywords: theory; finance; model; new; development; future; Internet (search for similar items in EconPapers)
JEL-codes: E4 E6 F3 G1 G2 G3 (search for similar items in EconPapers)
Pages: 8 pages
Date: 2015-02
New Economics Papers: this item is included in nep-cfn and nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:upa:wpaper:0016

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