transaction costs
51Merton's portfolio problem — is a well known problem in continuous time finance. An investor with a finite lifetime must choose how much to consume and must allocate his wealth between stocks and a risk free asset so as to maximize expected lifetime utility. The problem was… …
52Steven N. S. Cheung — Steven Ng Sheong Cheung (Traditional Chinese: 張五常; Pinyin: Zhāng Wǔcháng; born December 1, 1935), a Hong Kong born economist, specializes in the fields of transaction costs and property rights. He is also the most expensive columnist in Hong Kong …
53Arbitrage — For the upcoming film, see Arbitrage (film). Not to be confused with Arbitration. In economics and finance, arbitrage (IPA: /ˈɑrbɨtrɑːʒ/) is the practice of taking advantage of a price difference between two or more markets: striking a… …
54Mutual fund fees and expenses — are charges that may be incurred by investors who hold mutual funds. Running a mutual fund involves costs, including shareholder transaction costs, investment advisory fees, and marketing and distribution expenses. Funds pass along these costs to …
55Externality — External redirects here. For other uses, see External (disambiguation). In economics, an externality (or transaction spillover) is a cost or benefit, not transmitted through prices,[1] incurred by a party who did not agree to the action causing… …
56The Problem of Social Cost — is an article published by Ronald Coase in 1960 in the Journal of Law and Economics about economic problem of externalities. It draws from a number of English legal cases and statutes to illustrate Coase s belief that legal rules are only… …
57Debit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl …
58Spam (electronic) — An email box folder littered with spam messages A typical spam m …
59Market microstructure — is a branch of finance concerned with the details of how exchange occurs in markets. While the theory of market microstructure applies to the exchange of real or financial assets, more evidence is available on the microstructure of financial… …
60ConsensusDOCS — Type Limited liability company …
