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Articles on topic:

1. amortization

‘Amortization’ is an accounting term meaning the allocation of a cost to several time periods. The term is derived from the Latin word for ‘death’ and ...

By Charles R. Hulten. From The New Palgrave Dictionary of Economics, Second Edition, 2008

2. arbitrage

The absence of arbitrage is the unifying concept for much of finance. Absence of arbitrage is more general than equilibrium because it does not require ...

By Philip H. Dybvig and Stephen A. Ross. From The New Palgrave Dictionary of Economics, Second Edition, 2008

3. arbitrage pricing theory

Focusing on asset returns governed by a factor structure, the APT is a one-period model, in which preclusion of arbitrage over static portfolios of these ...

By Gur Huberman and Zhenyu Wang. From The New Palgrave Dictionary of Economics, Second Edition, 2008

4. bandit problems

The multi-armed bandit problem is a statistical decision model of an agent trying to optimize his decisions while improving his information at the same ...

By Dirk Bergemann and Juuso Välimäki. From The New Palgrave Dictionary of Economics, Second Edition, 2008

5. bankruptcy law, economics of corporate and personal

Bankruptcy is the legal process whereby financially distressed firms, individuals, and occasionally governments resolve their debts. The bankruptcy process ...

By Michelle J. White. From The New Palgrave Dictionary of Economics, Second Edition, 2008

6. bonds

A bond is commonly understood to be a debt instrument in which a borrower receives an advance of funds and contracts to make future payments of interest ...

By Donald D. Hester. From The New Palgrave Dictionary of Economics, Second Edition, 2008

7. bubbles

Bubbles refer to asset prices that exceed an asset's fundamental value because current owners believe they can resell the asset at an even higher price. ...

By Markus K. Brunnermeier. From The New Palgrave Dictionary of Economics, Second Edition, 2008

8. bubbles in history

A bubble may be defined loosely as a sharp rise in price of an asset or a range of assets in a continuous process, with the initial rise generating expectations ...

By Charles P. Kindleberger. From The New Palgrave Dictionary of Economics, Second Edition, 2008

9. capital asset pricing model

Two general approaches to the problem of valuing assets under uncertainty may be distinguished. The first approach relies on arbitrage arguments of one ...

By M.J. Brennan. From The New Palgrave Dictionary of Economics, Second Edition, 2008

10. case-based decision theory

Case-based decision theory was developed by Gilboa and Schmeidler. This article describes the framework and lays out the axiomatic foundations of the ...

By Ani Guerdjikova. From The New Palgrave Dictionary of Economics, Online Edition, 2009