PréférenceLa préférence est l'expression d'un choix, en raison de critères soit subjectifs (on parle alors de goût, notamment en matière de préférence sexuelle) plus ou moins conscients, soit objectifs, basés sur des critères clairement énoncés et conscients. En théorie de la décision, une préférence est un élément de motivation, en tant qu'attitude favorable ou défavorable envers telle ou telle chose, idée, personne, pratique. Ainsi ce qui est censé apporter le bonheur est généralement préféré à ce qui est considéré comme cause potentielle de souffrance.
Risque opérationnel (établissement financier)Le risque opérationnel pour les établissements financiers (banque et assurance) est le risque de pertes directes ou indirectes dues à une inadéquation ou à une défaillance des procédures de l'établissement (analyse ou contrôle absent ou incomplet, procédure non sécurisée), de son personnel (erreur, malveillance et fraude), des systèmes internes (panne de l'informatique...), des risques externes (inondation, incendie...) ou émergents.
Equity riskEquity risk is "the financial risk involved in holding equity in a particular investment." Equity risk is a type of market risk that applies to investing in shares. The market price of stocks fluctuates all the time, depending on supply and demand. The risk of losing money due to a reduction in the market price of shares is known as equity risk. The measure of risk used in the equity markets is typically the standard deviation of a security's price over a number of periods.
GrandiosityIn psychology, grandiosity is a sense of superiority, uniqueness, or invulnerability. It may be expressed by exaggerated beliefs regarding one's abilities, the belief that few other people have anything in common with oneself, and that one can only be understood by a few, very special people. The personality trait of grandiosity is principally associated with narcissistic personality disorder (NPD), but also is a feature in the occurrence and expression of antisocial personality disorder, and the manic and hypomanic episodes of bipolar disorder.
Equity premium puzzleThe equity premium puzzle refers to the inability of an important class of economic models to explain the average equity risk premium (ERP) provided by a diversified portfolio of U.S. equities over that of U.S. Treasury Bills, which has been observed for more than 100 years. There is a significant disparity between returns produced by stocks compared to returns produced by government treasury bills. The equity premium puzzle addresses the difficulty in understanding and explaining this disparity.
Isoelastic utilityIn economics, the isoelastic function for utility, also known as the isoelastic utility function, or power utility function, is used to express utility in terms of consumption or some other economic variable that a decision-maker is concerned with. The isoelastic utility function is a special case of hyperbolic absolute risk aversion and at the same time is the only class of utility functions with constant relative risk aversion, which is why it is also called the CRRA utility function.
Exponential utilityIn economics and finance, exponential utility is a specific form of the utility function, used in some contexts because of its convenience when risk (sometimes referred to as uncertainty) is present, in which case expected utility is maximized. Formally, exponential utility is given by: is a variable that the economic decision-maker prefers more of, such as consumption, and is a constant that represents the degree of risk preference ( for risk aversion, for risk-neutrality, or for risk-seeking).
Psycho-neuro-immunologieLa psycho-neuro-immunologie est l'étude psychosomatique de la multiplicité des facteurs familiaux et sociaux responsables des maladies. La psycho-neuro-immunologie étudie l'impact des événements psychiques sur le système immunitaire. Le champ de la psychoneuroimmunologie repose sur la mise en évidence d'interrelations entre système nerveux central, système neuroendocrinien et le système immunitaire sensibles à des facteurs psychologiques et environnementaux.
Settling timeIn control theory the settling time of a dynamical system such as an amplifier or other output device is the time elapsed from the application of an ideal instantaneous step input to the time at which the amplifier output has entered and remained within a specified error band. Settling time includes a propagation delay, plus the time required for the output to slew to the vicinity of the final value, recover from the overload condition associated with slew, and finally settle to within the specified error.