Examlex
A potential solution to the criticism of instrumentalism as over-simplified is provided by George Akerlof and Rachel Kranton's idea of "identity utility". They argue:
Investor
An individual or entity that allocates capital with the expectation of receiving financial returns, often through the purchase of stocks, bonds, or other investment vehicles.
Outstanding Stock
The total shares of a company that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.
SEC
The U.S. Securities and Exchange Commission (SEC) is an independent federal government agency responsible for protecting investors, maintaining fair and orderly functioning of the securities markets, and facilitating capital formation.
Banks
Financial institutions that accept deposits from the public, offer various financial services, including loans, and ensure economic stability and growth.
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