JOHN F. NASH JR.
An American mathematician who received the 1994 Nobel Memorial Prize in Economics, along with German economist Reinhard Selten and Hungarian economist John Harsani, for pioneering analysis of equilibria in the theory of non-cooperative games. His research point out the difference between cooperative and non-cooperative games. He also designed an equilibrium theory called Nash Equilibrium, which the prisoner’s dilemma is a notable example.
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Uptick
An Uptick is a transaction or a business deal for a financial instrument that surpasses the previous transaction in price. If the price of a stock ...
Lock In Profits
Realizing the profits of a position such as buying a stock by exiting at a gain. By doing so, the portion of that investment is no longer vulnerabl ...
Profit
Profit occurs when the amount of revenue gained from a business exceeds the expenses, costs, and tax needed to maintain the business activity.
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Due Diligence Meeting
Meticulous probe conducted by an underwriter, ensuring all details has been revealed to prospective investors before issuing a new security.
Laffer Curve
The relationship between tax rates and tax revenue collected by the government. Formed by Arthur Laffer, the curve states there is an optimal tax i ...
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