Tag: robert

Off Board

Off Board What is 'Off Board' A stock transaction that fits one of the following two criteria: 1. A stock trade...

Active Management

DefinitionActive management refers to a portfolio management strategy where the manager makes specific investments with the goal of outperforming an investment benchmark index. In...

Rational Expectations Theory

DefinitionIn economics, "rational expectations" are model-consistent expectations, in that agents inside the model are assumed to "know the model" and on average take the...

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...

Vance D. Coffman

DefinitionVance D. Coffman was the chairman of the board and chief executive officer of Lockheed Martin Corporation. He was elected to the board of...

Walrasian Market

Walrasian Market What is 'Walrasian Market' An economic model of a market process in which orders are collected into batches of buys...

Generalized AutoRegressive Conditional Heteroskedasticity (GARCH) Process

Generalized AutoRegressive Conditional Heteroskedasticity (GARCH) Process What is the 'Generalized AutoRegressive Conditional Heteroskedasticity (GARCH) Process ' The generalized autoregressive conditional heteroskedasticity...

George A. Akerlof

DefinitionGeorge Arthur Akerlof is an American economist who is a University Professor at the McCourt School of Public Policy at Georgetown University and Koshland...

Generalized AutoRegressive Conditional Heteroskedasticity – GARCH

Generalized AutoRegressive Conditional Heteroskedasticity - GARCH What is 'Generalized AutoRegressive Conditional Heteroskedasticity (GARCH)' A statistical model used by financial institutions to estimate...

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...

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