JERRY A. HAUSMAN
The Director of the MIT Telecommunications Economics Research Program and an economics professor at Massachusetts Institute of Technology for more than 30 years. Hausman received the 1985 John Bates Clark Award from the American Economics Association for his outstanding contributions to economics by an economist who is under 40 years of age. His research has concentrated on applied microeconomics, differentiated products, econometrics, telecommunications, taxation, energy, aging, environment, and energy.
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Target Return
Pricing model used in valuing a business based on what an investor expects from any capital invested in the firm. It is computed by adding the amou ...
Remainder Man
An individual who receives the remaining principal in a trust account after all required payments have been made, such as those to the beneficiary ...
Average Collected Balance
The total average of the collected funds in a bank account in a month. The balance is calculated by adding the collected balance and dividing it by ...
Bankable Funds
Forms of payment that are accepted at financial institutions. Retailers and other organizations that directly accept payments from customers typica ...
Prudent-Person Rule
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
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