Individual Vs Collective Choice In Corporate Finance

Individual Vs Collective Choice In Corporate Finance

ALECU, Teodora;
oeconomics of knowledge 2009 Vol. 1 pp. 9-16
239
alecu2009individualoeconomics

Abstract

The paper is meant to be an extension of the theories of choice, empirical analysis and theories concerning communication between macro-economic sub-systems and even between (sub) systems. A new perception will be given to all these theories and a different meaning of the factors influencing finance decisions will be shown. Another factor is introduced taking into account one’s choice, which restructures somehow the perception of the function of individuals’ choice. I named it factor α (alpha) which is a spirituality factor provoking exchanges of information between economic sub-systems. This leads to a rearrangement of the economic and social patterns of behavior and of choice directly influencing the finance decisions and re-equilibrating the inter-conditioning sub-systems of the world.

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