Tag: decision
Objective Probability
What is 'Objective Probability' The probability that an event will occur based an analysis in which each measure is based on a...
Radner Equilibrium
What is 'Radner Equilibrium' A theory suggesting that if economic decision makers have unlimited computational capacity for choice among strategies, then even...
IESE Business School & Career Opportunities
IESE Business School is one of the most prestigious and well-renowned business schools in the world. It has been ranked as the number one...
NPV – Net Present Value
The difference between the present cash value and the value of cash outflows at present will give you the net present value. Net present...
Macro Manager
What is 'Macro Manager' A boss or supervisor who lets employees do their jobs with minimal supervision. Macro managers are thought of...
Game Theory
What is 'Game Theory' Game theory is the study of human conflict and cooperation within a competitive situation. In some respects, game...
Macro Accounting
What is 'Macro Accounting' Accounting for the total or aggregate economic activities of a nation. Macro accounting forms the basis for the...