Examlex
Even if a stock split has no information content, and even if the dividend per share adjusted for the split is not increased, there can still be a real benefit (i.e., a higher value for shareholders)from such a split, but any such benefit is probably small.
Probability Distribution
A mathematical function that gives the probabilities of occurrence of different possible outcomes for an experiment.
English Auction
A type of auction where bidders publicly submit higher and higher bids, with the highest bidder winning the item.
Rational Self-Interest
The principle that individuals will make decisions that benefit themselves, assuming they have all necessary information and make rational choices.
Values
Fundamental beliefs or standards of an individual or society guiding behavior and decision-making.
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