Tag: stanford
York Antwerp Rules
What is 'York Antwerp Rules' A set of maritime rules that outline the rights and obligations of ship and cargo owners when...
Yellow Knight
What is 'Yellow Knight' A company that was once making a takeover attempt but ends up discussing a merger with the target...
Rational Choice Theory
DefinitionRational choice theory, also known as choice theory or rational action theory, is a framework for understanding and often formally modeling social and economic...
Sharpe Ratio
DefinitionIn finance, the Sharpe ratio is a way to examine the performance of an investment by adjusting for its risk. The ratio measures the...
Satellite Operation
Satellite Operation What is 'Satellite Operation ' A small office in a different location from a company or government agency's main...
Calendar Year Experience
What is 'Calendar Year Experience' The underwriting result based on earned premiums and booked incurred losses for the same calendar-year accounting period....
Partial Release
What is 'Partial Release' A mortgage provision allowing some of the pledged collateral to be released from the mortgage contract if certain...
John Harsanyi
DefinitionJohn Charles Harsanyi was a Hungarian-American economist. John Harsanyi What is 'John Harsanyi' An economist who won the Nobel Memorial Prize in...
John B. Taylor
John B. Taylor's life and career
John B. Taylor is a senior fellow at the Hoover Institution and the Mary and Robert Raymond Professor of...
A. Michael Spence
DefinitionAndrew Michael Spence is an American economist and recipient of the 2001 Nobel Memorial Prize in Economic Sciences, along with George Akerlof and Joseph...