Examlex
A problem related to fairness occurs when one employee is rated higher than others are because the manager may like the person more.
Standard Deviation
A statistical measure that quantifies the amount of variation or dispersion of a set of values, often used in finance to assess the volatility of an investment.
Certainty Equivalent Rate
The certain return providing the same utility as a risky portfolio.
Risk-Free Investment
An investment that is expected to return its original investment value without any loss.
Mean-Variance Criterion
The mean-variance criterion is a method for selecting investments that balance expected return against portfolio variance or risk.
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