Examlex
The writers of options and buyers of options have equal and opposite payoffs, minus commissions.
Double-blind Tests
Experimental procedures in which neither the participants nor the experimenters know who is receiving a particular treatment, to prevent bias.
Single-blind Tests
Experimental designs in which the participants do not know which treatment or intervention they are receiving, but the experimenters do.
Hypothesis
A statement that attempts to predict or to account for a set of phenomena; scientific hypotheses specify relationships among events or variables and are empirically tested.
Axiom
A statement or proposition that is regarded as being established, accepted, or self-evidently true.
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