Term of the Day: Radner Equilibrium

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	INVESTOPEDIA Term Of The Day July 7, 2015 Radner Equilibrium A theory suggesting that if economic decision makers have unlimited computational capacity for choice among strategies, then even in the face of uncertainty about the economic environment, an optimal allocation of resources based on competitive equilibrium can be achieved. Radner Equilibrium was introduced by American economist Roy Radner in 1968, and explores the condition of competitive equilibrium under uncertainty. Investopedia Explains: The theory also states that in such a world there would be no role for money and liquidity. And the introduction of information... Read More Related to "Radner Equilibrium" Profitability Index The profitability index (PI) is a modification of the net present value method of assessing an investment's attractiveness. PI compares the present value of... Read More Neoliberalism Neoliberalism is a little-used term to describe an economy where the government has few, if any, controls on... Read More A Practical Look At Microeconomics How do companies decide what price to charge for their sleek new gadgets? Why are some people willing to pay more for... Read More Recently Added Definitions PIN Cashing A type of fraud in which a stolen credit card or debit card is used to gain access to the cardholder's bank account. PIN cashing typically involves the use of... Read More Truncation The requirement mandated by the Federal Trade Commission (FTC) for merchants to shorten the personal account information printed on... Read More Related Definitions Risk Analysis Competitive Advantage Welfare Economics Equilibrium Neoclassical Economics Past Terms of the Day Inbound Cash Flow Social Security American Dream Multicurrency Note Facility National Currency You are currently subscribed as: mondemand.forex@blogger.com Unsubscribe | Unsubscribe From All | Manage Profile Investopedia US, A Division of IAC. Copyright © 2015, Investopedia, LLC. All Rights Reserved Follow Us: