Examlex
Humped yield curves have higher intermediate term rates (4-7 year maturities)than either short-term or long-term rates.
Dictator Game
An experimental game in economics and psychology where one player, the "dictator," determines how to split an endowment between themselves and another player.
Ultimatum Game
A game in economic experiments where one party offers how to divide a sum of money with another party, who can accept or reject the offer.
Dictator Game
A psychological experiment that tests how fairly individuals allocate resources between themselves and others, typically revealing aspects of altruism and fairness.
Neoclassical Economics
A framework for understanding economics that focuses on the determination of goods, outputs, and income distributions through supply and demand mediated through prices.
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