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q-fin.GN2013
Reciprocity as the foundation of Financial Economics
Timothy C. Johnson
This paper argues that the fundamental principle of contemporary financial economics is balanced reciprocity, not the principle of utility maximisation that is important in economi…
q-fin.GN2012
Ethics and Finance: the role of mathematics
Timothy C. Johnson
This paper presents the contemporary Fundamental Theorem of Asset Pricing as being equivalent to approaches to pricing that emerged before 1700 in the context of Virtue Ethics. Thi…