What Is Elasticity?
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Elasticity measures the relationship between a good and its price based on consumer demand, consumer income, and its available supply. Learn the basics about it here.
Nash Equilibrium is a key concept of game theory, which helps explain how people and groups approach complex decisions. Named after renowned mathematician John Nash, the idea of Nash Equilibrium has been used in such diverse fields as international relations, psychology and economics. Game theory in general looks at how individuals or groups make choices that will in turn affect the choices of other parties.
Weighted average cost of capital may be hard to calculate, but it's a solid way to measure investment quality
Learn more about this classic game theory scenario.
Learn how to differentiate between a legitimate marketing strategy and a pyramid scheme.
Learn about how this number provides a measure of how much systematic risk a firm's equity has compared to the market.
Learn more about the different ways you can calculate your portfolio's average return.
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