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Pennsylvania Gaming Control Board Released its First iGaming Impact Report
The Pennsylvania interactive gaming industry has been on an upward growth pattern over several years. This has positively affected many of the best PA...
The Consequences of the Wealth Effect?
When a change in perceived wealth is accompanied by a change in spending behavior, we may see a wealth effect. In simple terms, the...
Per Stirpes vs Per Capita
What is Per Stirpes?
Per stirpes is also Latin for "by stock." When an estate is distributed per stirpes, each beneficiary receives a share of...
America’s Lottery Market Expected to Grow by $ 27.9 Billion
The American Lottery offers players the chance to win astronomical sums of cash. It is by far one of the most popular Lottery in...
Stock Apps for Beginners
There is no doubt that smartphones revolutionized the way people go about their daily lives. While the concept of an app may seem like...
Oliver E. Williamson
DefinitionOliver Eaton Williamson is an American economist, a professor at the University of California, Berkeley, and recipient of the 2009 Nobel Memorial Prize in...
Sanford J. Grossman
DefinitionSanford "Sandy" Jay Grossman is an American economist and hedge fund manager specializing in quantitative finance. Grossman's research has spanned the analysis of information...
Gary S. Becker
DefinitionGary Stanley Becker was an American economist and empiricist. He was a professor of economics and sociology at the University of Chicago. Described as...
John G. Drosdick
What is 'John G. Drosdick' A former chairman, CEO and president of petroleum company Sunoco. Drosdick led Sunoco to acquire nearly 300...
John B. Taylor
John B. Taylor's life and career
John B. Taylor is a senior fellow at the Hoover Institution and the Mary and Robert Raymond Professor of...