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Caching, Money, Magic, Derivatives, Mana and Modern Finance

Authors: Niccolo Leo Caldararo;

Caching, Money, Magic, Derivatives, Mana and Modern Finance

Abstract

This paper investigates the nature of investment devices in cross-cultural comparison, placing special attention on the new global issues of hedge fund contracts and side letters, derivatives and other risk spreading concepts and practices. The function of these are compared to the behavior of the inventors and practitioners in other cultures. Similarities are noted with religious formulators and the process of conversion and the operation of the market and credit paralleled with the concept of Mana. This work will provide readers with a context to understand contemporary human economic behavior. Novel structures of symbolic worth are associated with individual presentation and performance. It is obvious that concepts of value and credit have been changing in modern financial culture. What is interesting is that they have been expressing forms that have traditionally been associated with primitive economics. As recruitment activities such behavior takes on similar functions to a number of eusocial animals. Financial behavior then functions in the performance of various strategies in a similar fashion as the good sense model of sexual selection of Darwin (1871).Behavioral ecological theory and many economic models derived from this theory are based on optimization and rational decisions, recent research and that contained in this paper undermine such assumptions. A view toward understanding the current loss of social credit resulting from the subprime collapse is presented along with a means to counter it.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
6
Average
Average
Average
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