DUOPOLY
Situation in which two firms own all or almost all of the market for a specific product or service. The most basic type of oligopoly, it is a market dominated by a little number of firms. An illegal practice in the United States, this can also affect the market as monopoly if two players conspire on prices or output. As a result, the consumers will pay higher prices than they would in a real competitive market.
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Robert C. Merton
American economist who won the 1997 Nobel Memorial prize in Economic Sciences, along with Myron Scholes, for developing the Black-Sholes model, whi ...
Buy Stops Above
Recommendation to purchase a given security once a security’s price surpasses a particular resistance level by putting a buy stop order at th ...
Admitted Company
An insurance company admitted and allowed by an another state to transact insurance business despite having a domiciled status on an another state. ...
Black Box Model
Computer program, process, or system processing the information entered by the user using pre-programmed logic in order to produce the user’s ...
Form 3903
A form issued by the IRS and used by taxpayers to deduct moving expenses related to taking a new job.
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| Time | Country | Indices | Period |
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