Examlex
Ballot initiatives are one way to reduce discrepancies between government policy and public opinion on an issue.
Risk Premium
The extra return above the risk-free rate that investors require to compensate them for choosing to invest in a risky asset.
Portfolio Volatility
A measure of the dispersion of returns for a given security or market index, indicating how much the total value of the portfolio's assets fluctuates over time.
Individual Assets
Distinct items of property or investments owned by individuals, such as stocks, bonds, real estate, or personal property.
Utility Function
A mathematical representation in economics of a consumer's preference ordering over a set of goods or outcomes.
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