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

Author

Listed:
  • Magomet Yandiev

    (Department of Economics, Lomonosov Moscow State University)

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.

Suggested Citation

  • Magomet Yandiev, 2015. "The Theory of Finance: A novel finance model being formed on the Internet," Working Papers 0016, Moscow State University, Faculty of Economics.
    • Handle: RePEc:upa:wpaper:0016
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    File URL: https://www.econ.msu.ru/sys/raw.php?o=20179&p=attachment
    File Function: First version, 2015
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    More about this item

    Keywords

    theory; finance; model; new; development; future; Internet;
    All these keywords.

    JEL classification:

    • G1 - Financial Economics - - General Financial Markets
    • G2 - Financial Economics - - Financial Institutions and Services
    • G3 - Financial Economics - - Corporate Finance and Governance
    • F3 - International Economics - - International Finance
    • E4 - Macroeconomics and Monetary Economics - - Money and Interest Rates
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook

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