Tag: sciences
Correction
Corrections are price declines that are temporary, and interrupt the uptrend of an asset in the market. A correction can work as a precursor...
Pareto Improvement
What is Pareto Improvement
Pareto Improvement is defined as a change to a situation which results in one person becoming better off without anyone else...
Harvard Business School
DefinitionHarvard Business School is the graduate business school of Harvard University in Boston, Massachusetts. The school offers a large full-time MBA program, doctoral programs,...
Pareto Analysis
DefinitionPareto analysis is a formal technique useful where many possible courses of action are competing for attention. In essence, the problem-solver estimates the benefit...
Wave
What is 'Wave' A pattern of behavior marked by noticeable increases and decreases. Waves can be identified in stock price movements and...
Wassily Leontief
DefinitionWassily Wassilyevich Leontief, was a Russian-American economist known for his research on input-output analysis and how changes in one economic sector may affect other...
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...
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...
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...
Daniel Kahneman
DefinitionDaniel Kahneman is an Israeli-American psychologist notable for his work on the psychology of judgment and decision-making, as well as behavioral economics, for which...