Tag: robert
Off Board
What is 'Off Board' A stock transaction that fits one of the following two criteria: 1. A stock trade involving a...
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
What is 'Walrasian Market' An economic model of a market process in which orders are collected into batches of buys and sells...
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
Who is George Akerlof
George A. Akerlof is an American economist who won the 2001 Nobel Memorial Prize in Economic Sciences. He is a University...
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...