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  2. Threshold braking - Wikipedia

    en.wikipedia.org/wiki/Threshold_braking

    Threshold braking or limit braking is a driving technique most commonly used not only in motor racing, but also practiced in road vehicles to slow a vehicle at the maximum rate using the brakes. [1] The technique involves the driver controlling the brake pedal (or lever) pressure to maximize the braking force developed by the tires .

  3. Glossary of economics - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_economics

    Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...

  4. Break-even point - Wikipedia

    en.wikipedia.org/wiki/Break-even_point

    The break-even point (BEP) in economics, business—and specifically cost accounting—is the point at which total cost and total revenue are equal, i.e. "even". In layman's terms, after all costs are paid for there is neither profit nor loss.

  5. Skid (automobile) - Wikipedia

    en.wikipedia.org/wiki/Skid_(automobile)

    Threshold braking and cadence braking are two manual techniques used to extract maximum deceleration from a vehicle. Threshold braking maintains a steady braking force with slight (10-20%) slip, around or just below the point of maximum tire grip force. Cadence braking accepts that holding the threshold braking limit is exceptionally hard, and ...

  6. Braking distance - Wikipedia

    en.wikipedia.org/wiki/Braking_distance

    Braking distance refers to the distance a vehicle will travel from the point when its brakes are fully applied to when it comes to a complete stop. It is primarily affected by the original speed of the vehicle and the coefficient of friction between the tires and the road surface, [Note 1] and negligibly by the tires' rolling resistance and vehicle's air drag.

  7. Threshold price-point - Wikipedia

    en.wikipedia.org/wiki/Threshold_price-point

    In economics, a threshold price point is the psychological fixing of prices to entice a buyer up to a certain threshold at which the buyer will be lost anyway. The most common example in the United States is the $??.99 phenomenon—e.g. setting the price for a good at $9.99.

  8. Optimal stopping - Wikipedia

    en.wikipedia.org/wiki/Optimal_stopping

    Optimal stopping problems can be found in areas of statistics, economics, and mathematical finance (related to the pricing of American options). A key example of an optimal stopping problem is the secretary problem .

  9. Incentive compatibility - Wikipedia

    en.wikipedia.org/wiki/Incentive_compatibility

    In game theory and economics, a mechanism is called incentive-compatible (IC) [1]: 415 if every participant can achieve their own best outcome by reporting their true preferences. [ 1 ] : 225 [ 2 ] For example, there is incentive compatibility if high-risk clients are better off in identifying themselves as high-risk to insurance firms , who ...