Using frequency distributions of daily closing price time series of several financial market indices, we investigate whether the bias away from an equiprobable sequence distribution found in the data, predicted by algorithmic information theory, may account for some of the deviation of financial markets from log-normal, and if so for how much of said deviation and over what sequence lengths. We...

Despite the popularity of financial compensation as a means for addressing trust violations, the question whether (more) money can indeed buy trust back remains largely unexplored. In the present research, we focus on the role of violation type and compensation size. The results of a scenario study and a laboratory experiment show that financial compensation can effectively promote the restorat...

since 1960s and the following financial crisis in developing countries, a wide research has been conducted on financial capability of states in repayment of their debts. though having been considered at various importance levels during the past decades, this subject seems to have today become a controversial issue in economic discourses. in principle, three indices are applied to determine the ...

Background The major objective of the National Health Insurance Scheme (NHIS) in Nigeria is to protect families from the financial hardship of large medical bills. Catastrophic Health Expenditure (CHE) is rampart in Nigeria despite the take-off of the NHIS. This study aimed to determine if households enrolled in the NHIS were protected from having CHE.   Methods The study took place among 714 h...