GREENSPAN PUT
Describing a perceived attempt of former Federal Reserve Chair Alan Greenspan to prop up the securities markets by reducing interest rates and helping money flow into the markets. Coined in the late 1990s, investors presume they could liquidate their stocks at a fixed price or prior to a certain date as if there was a built-in put option. They believed Greenspan would maneuver monetary policy and continue to keep market stability. While it affected the markets, this was not likely his objective.
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Tit for Tat
Game theory mechanism subject to a payoff matrix similar to a prisoner’s dilemma. Anchored on the concepts of retaliation and altruism, this ...
Nonsegregated Disclosures
Information that must be presented legally anywhere in a lease agreement. These are required by the Federal Reserve Board Regulation M. The lease a ...
Product Line
A series of related products which are all made or manufactured by the same company.
Behavioral Economics
The scientific study on how the mind thinks and how each person reacts as it relates to the process of decision making in economics of individuals ...
Infant-Industry Theory
A theory stating the emerging domestic industries must be protected against foreign competition until they become established and mature. In econom ...
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