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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Concentration Ratio
Ratio indicating the relative size of companies in respect to their industry in general. Low concentration ratio denotes higher competition among t ...
Back-To-Back Letters Of Credit
Two letters of credit (LCs) utilized together to aid a merchant in financing the buying of services or equipment from a subcontractor. With the aut ...
Stock Market Crash of 1987
Rapid and one of the most severe downturn in stock prices which took place on October 19, 1987. Following five days of intensifying stock market pl ...
Z-Score
“Z-Score” is a statistical measurement showing the relationship of the score to the mean. It can be positive or negative, which means t ...
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The total cost of an option.
The difference between the higher price paid for a fixed-income secur ...
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Ethical Investing: Corporate Governance
It is important for ethical investors to determine how companies manage themselves and their relations with investors and stakeholders.
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An Introduction to Student Loans
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