THOMAS C. SCHELLING
American economist and professor who received the 2005 Nobel Memorial Prize in Economics, along with American mathematician Robert J. Aumann. He did a research on improving the understanding on conflict and cooperation through game theory, which has been used in conflict resolution and war avoidance, Many of his research interests include national security, ethical matters, and energy and environmental policy relative to public policy and business.
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Netting
Settling mutual obligations at the net value of a contract as opposed to its gross dollar value.
Lemming
An investor who follows the crowd in investing without doing any research on his/her investments. Usually, lemming results to significant losses. T ...
Transaction Deposit
Bank deposit that can be immediately withdrawn, transferred, or otherwise transacted by the depositor. Banks are required to maintain reserves on h ...
Value Fund
Value Fund refers to a stock mutual fund that holds stocks, which are believed to be undervalued in price but are likely to be capable of paying di ...
Market Order
Most common way of carrying orders; an instruction or order from a client, via broker or brokerage service, to immediately purchase or sell an inve ...
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