Search results
Results From The WOW.Com Content Network
An ex post facto law [1] is a law that retroactively changes the legal consequences or status of actions that were committed, or relationships that existed, ...
ex post: from after "Afterward", "after the event". Based on knowledge of the past. Measure of past performance ex post facto: from a thing done afterward: Said of a law with retroactive effect ex professo: from one declaring [an art or science] Or 'with due competence'. Said of the person who perfectly knows his art or science. Also used to ...
Ex-ante is used most commonly in the commercial world, where results of a particular action, or series of actions, are forecast (or intended). The opposite of ex-ante is ex-post (actual) (or ex post). Buying a lottery ticket loses you money ex ante (in expectation), but if you win, it was the right decision ex post. [2]
Ex-ante conditionality requires a country to meet certain conditions and prove it can maintain them before it will receive any aid. [2] Traditionally, the IMF lends funds based on ex-post criteria, which might induce moral hazard behavior by the borrowing country. The moral hazard problem appears when a government behaves in a risky manner in ...
post factum: after the fact: Not to be confused with ex post facto. post festum: after the feast: Too late, or after the fact post hoc ergo propter hoc: after this, therefore because of this: A logical fallacy where one assumes that one thing happening after another thing means that the first thing caused the second. post meridiem (p.m.) after ...
An ex ante moral hazard is a change in behavior prior to the outcome of the random event, whereas ex post involves behavior after the outcome. [45] For instance, in the case of a health insurance company insuring an individual during a specific time period, the final health of the individual can be thought of as the outcome.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
In finance, Jensen's alpha [1] (or Jensen's Performance Index, ex-post alpha) is used to determine the abnormal return of a security or portfolio of securities over the theoretical expected return. It is a version of the standard alpha based on a theoretical performance instead of a market index .