BACKWARD INDUCTION
Process of concluding backwards from the end of a certain problem or scenario to determine the array of optimal actions in game theory. Looking at a two-player game, the method begins at the last step or decision of the player and determines his next move by expecting the player’s next action at that junction. Results from this process often do not hold up in reality. Game theory inventors John von Neumann and Oskar Morgenstern first mentioned this process in 1944.
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Economic school of thought in which the main ideas are free markets best allocate resources in an economy minimal government intervention is the be ...
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Underwriting Risk is the risk of loss that an underwriter bears, usually in underwiritng activities in the insurance or securities industries.
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DOM
The ability of a security to tolerate large market orders’ execution without the large effect on the price of the security.
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Amount of money needed to maintain a certain level of living including basic expenses such as food, clothing, shelter, housing, and healthcare. Cos ...
SEC Form 8-B12B
SEC Form 8-B12B is a filing that concerns the registration of a certain successor issuer’s securities in accordance to section 12(b) of the S ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |
