Convexity
121Minkowski addition — The red figure is the Minkowski sum of blue and green figures. In geometry, the Minkowski sum (also known as dilation) of two sets A and B in Euclidean space is the result of adding every element of …
122Truck system — A truck system is an arrangement in which employees are paid in commodities or some currency substitute (referred to as scrip), rather than with standard money. This limits employees ability to choose how to spend their earnings generally to the… …
123Real versus nominal value (economics) — Economics …
124Expected utility hypothesis — In economics, game theory, and decision theory the expected utility hypothesis is a theory of utility in which betting preferences of people with regard to uncertain outcomes (gambles) are represented by a function of the payouts (whether in… …
125Diminishing returns — Economics …
126Bond valuation — is the process of determining the fair price of a bond. As with any security or capital investment, the fair value of a bond is the present value of the stream of cash flows it is expected to generate. Hence, the price or value of a bond is… …
127Demand curve — An example of a demand curve shifting In economics, the demand curve is the graph depicting the relationship between the price of a certain commodity, and the amount of it that consumers are willing and able to purchase at that given price. It is …
128Riesz-Thorin theorem — In mathematics, the Riesz Thorin theorem, often referred to as the Riesz Thorin Interpolation Theorem or the Riesz Thorin Convexity Theorem is a result about interpolation of operators . This should not be confused with somewhat different… …
