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Definitions
Student’s t-Distribution
Probability Distribution
Statistics
Econometrics
Student’s t-distribution is a probability distribution used in statistics to estimate population parameters when the sample size is small.
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Definitions
Stylized Facts
Economic Theory
Empirical Observations
Stylized Facts
Empirical observations used as a starting point for the construction of economic theories.
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Definitions
Sub-Prime Mortgage
Sub-Prime Mortgage
Financial Risk
Mortgage Financing
Economic Crisis
An exploration of sub-prime mortgages, including its definition, significance, and implications in economics.
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Definitions
Subcontracting
Subcontracting
Outsourcing
Supply Chain Management
The practice of principal suppliers sourcing inputs from independent firms to gain specialized skills and flexibility.
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Definitions
Subgame in Game Theory
Game Theory
Subgame
Economics
Sequential Game
Strategic Interaction
Definition, historical context, and analytical frameworks for understanding the concept of a subgame in economics and game theory.
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Definitions
Subgame Perfect Equilibrium
Economics
Game Theory
Subgame Perfect Equilibrium
Nash Equilibrium
Sequential Games
A detailed exploration of Subgame Perfect Equilibrium in the context of sequential games in economics.
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Definitions
Subsidiarity
Economics
Decentralization
Policy
The principle that decisions on policy should be taken at the most decentralized level consistent with making them effective.
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Definitions
Subsidiary
Subsidiaries
Corporate Structure
Firms
Ownership
A firm owned or controlled by another firm, with varying degrees of decision-making autonomy.
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Definitions
Subsidized Credit
Economics
Finance
Public Policy
Subsidies
Credit provided on terms below normal market rates to encourage specific activities or to benefit particular groups.
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Definitions
Subsidy
Subsidy
Economics
Government Intervention
Market Price
Government payments to consumers or producers affecting the factor cost.
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Definitions
Subsistence Wages
Economics
Labor Markets
Wages
Living Standards
The lowest level of wages that allows workers to survive.
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Definitions
substitute
Substitute
Economics
Substitution Effect
Utility
A comprehensive exploration of the concept of substitutes in economics—goods or services that can be used to satisfy similar needs.
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Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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