MEANDER LINE
Boundaries and lines used by professionals for surveying and mapping. Surveyors use meander lines in mapping and surveying a body of water. They draw a line around the lake or pond in order to measure the properties around the water. Also, investors use it to forecast the stock’s value by assessing the stock’s fluctuating price. In electrocardiogram, it aids physicians in monitoring a heart’s activity. And, meander line signifies the electrical circuit’s activity.
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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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