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Asymmetric price transmission (sometimes abbreviated as APT and informally called "rockets and feathers" , also known as asymmetric cost pass-through) refers to pricing phenomenon occurring when downstream prices react in a different manner to upstream price changes, depending on the characteristics of upstream prices or changes in those prices.
Richard George Lipsey, OC FRSC (born August 28, 1928) is a Canadian academic and economist.He is best known for his work on the economics of the second-best, a theory that demonstrated that piecemeal establishing of individual first best conditions would not necessarily raise welfare in a situation in which all first best conditions could not be satisfied, an article that he co-authored with ...
Asymmetry is the absence of, or a violation of, symmetry (the property of an object being invariant to a transformation, such as reflection). [1] Symmetry is an important property of both physical and abstract systems and it may be displayed in precise terms or in more aesthetic terms. [2]
In corporate finance, the pecking order theory (or pecking order model) postulates that [1] "firms prefer to finance their investments internally, using retained earnings, before turning to external sources of financing such as debt or equity" - i.e. there is a "pecking order" when it comes to financing decisions.
indicates that the column's property is always true for the row's term (at the very left), while indicates that the property is not guaranteed in general (it might, or might not, hold).
Bruno Hildebrand (6 March 1812 – 29 January 1878) was a German economist representing the "older" historical school of economics.His economic thinking was highly critical of classical economists, especially of David Ricardo.
Pancasila economics (Indonesian: Ekonomi Pancasila), also known as "Indonesian populist economics" (Indonesian: Ekonomi kerakyatan Indonesia), is an economic system which aims to reflect the five principles of Pancasila. [1] The term "Pancasila economy" first appeared in an article by Emil Salim in 1967. [2]
Asymmetric warfare (or asymmetric engagement) is a type of war between belligerents whose relative military power, strategy or tactics differ significantly. This type of warfare often, but not necessarily, involves insurgents, terrorist groups, or resistance militias operating within territory mostly controlled by the superior force.