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expectation
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Expectancy
EXPECTANCY A mere hope, based upon no direct provision, promise, or trust. An expectancy is the possibility of receiving a thing, rather than having a vested interest in it. The term has been applied to situations where an individual hopes and expects to receive something, generally property or... Read more |
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Rational Expectations
Expectations, Rational RATIONAL EXPECTATIONS: DEFINITIONS AND DEFENSES ARGUMENTS AGAINST RATIONAL EXPECTATIONS BIBLIOGRAPHY A basic postulate of economics is that people “do the best with what they have Read more |
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Adaptive Expectations
Adaptive Expectations BIBLIOGRAPHY The term adaptive expectations refers to the way economic agents adjust their expectations about future events based on past information and on some adjustment term. This implies some sort of correction mechanism: if someone’ Read more |
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South Sea Bubble
South Sea Bubble popular name in England for the speculation in the South Sea Company, which failed disastrously in 1720. The company was formed in 1711 by Robert Harley , who needed allies to carry through the peace negotiations to end the War of the Spanish Succession. Holders of £9... Read more |
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Corporate social responsibility
Corporate Social Responsibility HISTORY NEGATIVE ASPECTS OF CSR POSITIVE ASPECTS OF CSR THE STAKEHOLDER CONCEPT GLOBAL ISSUES SPECIFIC CSR PRACTICES ORGANIZATIONS INVOLVED IN CSR BIBLIOGRAPHY In their 2003 book, Business and Society: Ethics and Stake-holder Management, Carrol and... Read more |
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Battle of the Saints
Saints, battle of the, 1782. This was the last important naval action in the American War of Independence. The loss of naval superiority in the western Atlantic in 1781 forced Cornwallis to surrender at Yorktown. The French and Spanish then began picking off British West Indian islands and an... Read more |
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Contango
Contango BIBLIOGRAPHY The term contango refers to a case where the futures price exceeds the expected future spot price of the underlying commodity. Futures prices are the prices of futures contracts for the commodity. Expected future spot prices are the prices of the commodity in the spot... Read more |
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hassium
hassium , artificially produced radioactive chemical element; symbol Hs; at. no. 108; mass number of most stable isotope 265; m.p., b.p., sp. gr., and valence unknown. Situated in Group 8 of the periodic table , it is expected to have properties similar to those of osmium . In 1984 a German... Read more |
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potlatch
potlatch , ceremonial feast of the natives of the NW coast of North America, entailing the public distribution of property. The host and his relatives lavishly distributed gifts to invited guests, who were expected to accept any gifts offered with the understanding that at a future time they were to... Read more |
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