theory — theo‧ry [ˈθɪəri ǁ ˈθiːəri] noun theories PLURALFORM 1. [countable] an idea or set of ideas that is intended to explain why something happens or how it works: theory of • The book is called An Evolutionary Theory of Economic Change . • The theory… … Financial and business terms
Price discrimination — or price differentiation[1] exists when sales of identical goods or services are transacted at different prices from the same provider.[2] In a theoretical market with perfect information, perfect substitutes, and no transaction costs or… … Wikipedia
Price — For the surname, see Price (surname). For other uses, see Price (disambiguation). Contents 1 Definition 2 Economic Definition 3 … Wikipedia
Price of anarchy — The price of anarchy is a concept from game theory that describes the difference in maximum social utility and the utility of an equilibrium point of the game.DefinitionGiven a game G=(N,A,u), it is natural to consider the social welfare , i.e.… … Wikipedia
Price Efficiency — The premise that asset prices are efficient, to the extent that they already factor in or discount all available information. The theory of price efficiency follows from the efficient market hypothesis, which holds that since markets are… … Investment dictionary
Theory of value (economics) — Theory of value is a generic term which encompasses all the theories within economics that attempt to explain the exchange value or price of goods and services. Key question in economic theory include why goods and services are priced as they are … Wikipedia
price theory — ➔ theory * * * price theory UK US noun [U] ► ECONOMICS the study of how prices are decided and how they go up and down because of economic forces such as changes in supply and demand: »Still central to much of contemporary price theory is the… … Financial and business terms
Theory (brand) — theory (marketed in lower case letters) is a New York based men s and women s contemporary better sportswear fashion label known for its clean line and luxuriously simple clothes and accessories. theory merchandise is sold through signature… … Wikipedia
Price gouging — is a pejorative term for a seller pricing much higher than is considered reasonable or fair. In precise, legal usage, it is the name of a felony that applies in some of the United States only during civil emergencies. In less precise usage, it… … Wikipedia
Theory of Deep Democracy — Theory of Deep DemocracyThe theory of deep democracy makes a distinction between merely formal and deeper forms of democracy. Formal democracy is an important part of deep democracy, but it is merely a beginning or a necessary condition. In order … Wikipedia
