Endowment Effect The endowment effect talks about a circumstance during which an individual values something they already own more than something which they don’t yet own. Sometimes…
Ambiguity Aversion Ambiguity aversion or uncertainty aversion is a preference for acknowledged risks over unfamiliar risks. An ambiguity averse individual would prefer to choose an alternative the…
Risk Neutral Risk Neutral is an indifference to possibility. The risk neutral investor would be in the middle of the continuum represented by risk-seeking traders at one…
Risk Aversion Risk Averse is a description of an investor who, when faced with two investments having a similar expected go back, will prefer the one with…
Loss aversion Loss aversion means the tendency for those to strongly prefer avoiding losses when compared with acquiring gains. Some studies declare that losses are up to…
Fund Governance The role of governance governance comprises both fiduciary duties and responsibilities owed through the governing body. Fund governance means a system of checks and work…
Legal Origins Theory Legal origins theory is a view which grew away from leximetrics studies. It argued that numerous aspects of a country’s economic state of development are…
Global Network Initiative The Global Network Initiative (GNI) is a non-governmental organization with all the dual goals associated with preventing Internet censorship by authoritarian governments and protecting the…
Induced Demand Induced demand is the phenomenon that after supply increases, more of a good is ingested. This is entirely in step with the economic principle of…
Economic Surplus Economic surplus refers two related levels. Consumer surplus or consumer’s surplus is the monetary gain purchased by consumers because they will purchase a product for…
Cycle of Poverty The cycle of poverty continues to be described as the phenomenon where poor families become stuck in poverty with regard to generations. Because they have…
Social Insurance Social Insurance is a sort of compensation provided and controlled by a government for aged, disable, or out of work people. Acceptance in the social…