Individual rationality is a model of personal choice behaviour, whoever he or she may be. It sets out from a perspective on life as a decision between action or no action, i.e.

Behavioral finance studies the effect of psychological factors on human behavior, which further affects asset price movements. Standard financial models assume that individuals are rational and risk-averse.

Culture refers to patterns of behaviour, attitudes and beliefs that are common to a group of people who commonly share these attributes and who use them for their identity.

Central banking is familiar to most people, at least on a practical level, as the monetary system of their country. A central bank is a monetary authority that has discretionary monopoly control of the supply of the reserves of commercial banks.

Income distributive justice is a political subjective phrase related to an income distribution rather than to a scientific issue. Most people believe that income inequality should be as small as possible. Nevertheless, it is understood that a certain gap between the rich and the poor is necessary to stimulate competition between individuals.

Technology is a complex system, composed of more than one entity or sub-systems of technologies and a relationship that holds between each entity and at least one other entity in the system for achieving specific goals.