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Others have suggested that fractional pricing was first adopted as a control on employee theft. For cash transactions with a round price, there is a chance that a dishonest cashier will pocket the bill rather than record the sale. For cash transactions with a just-below price, the cashier must nearly always make change for the customer.
In securities trading, an order book contains the list of buy orders and the list of sell orders. For each entry it must keep among others, some means of identifying the party (even if this identification is obscured, as in a dark pool), the number of securities and the price that the buyer or seller are bidding/asking for the particular security.
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.
A central limit order book (CLOB) [1] is a trading method used by most exchanges globally using the order book and a matching engine to execute limit orders.It is a transparent system that matches customer orders (e.g. bids and offers) on a 'price time priority' basis.
Specialized lists of psychologists can be found at the articles on comparative psychology, list of clinical psychologists, list of developmental psychologists, list of educational psychologists, list of evolutionary psychologists, list of social psychologists, and list of cognitive scientists. Many psychologists included in those lists are also ...
The closing stock price for each day was determined by a coin flip. If the result was heads, the price would close a half point higher, but if the result was tails, it would close a half point lower. Thus, each time, the price had a fifty-fifty chance of closing higher or lower than the previous day. Cycles or trends were determined from the tests.
Price proportion cost: The price proportion cost refers to the percent of the total cost of the end benefit accounted for by a given component that helps to produce the end benefit (e.g., think CPU and PCs). The smaller the given components share of the total cost of the end benefit, the less sensitive buyers will be to the components' price.
The result was a list of 4504 adjectives they believed were descriptive of observable and relatively permanent traits. [37] In 1943, Raymond Cattell of Harvard University took Allport and Odbert's list and reduced this to a list of roughly 160 terms by eliminating words with very similar meanings. To these, he added terms from 22 other ...