Tag: california
Generalized AutoRegressive Conditional Heteroskedasticity – GARCH
What is 'Generalized AutoRegressive Conditional Heteroskedasticity (GARCH)' A statistical model used by financial institutions to estimate the volatility of stock returns. This...
Daniel L. McFadden
DefinitionDaniel Little McFadden is an American econometrician who shared the 2000 Nobel Memorial Prize in Economic Sciences with James Heckman. McFadden's share of the...
Magna Cum Laude
What is 'Magna Cum Laude' Magna cum laude is an academic level of distinction used by educational institutions to signify an academic...
Unauthorized Insurance
What is 'Unauthorized Insurance' A phony plan that claims to provide financial protection against unforeseen and potentially catastrophic events. Unauthorized insurance is...
UCLA Anderson School of Management
Definition
The UCLA Anderson School of Management is the graduate business school at the University of California, Los Angeles, one of eleven professional schools. The...
Joint And Several Liability
DefinitionWhere two or more persons are liable in respect of the same liability, in most common law legal systems they may either be... Joint...
Joint Liability
Joint and Several Liability in Business
In most common law legal systems, two or more people can be jointly liable for a single liability. Joint...
Haas School of Business
What is 'Haas School of Business' The business school at the University of Berkeley. It offers a wide variety of programs, including...