Minimum efficient scale
Minimum efficient scaleThe smallest output of a firm consistent with minimum average cost. In small countries, in some industries the level of demand in autarky is not sufficient to support minimum efficient scale.
Efficient capital marketEfficient capital market
A market in which new information is very quickly reflected accurately in share prices.
Efficient allocationEfficient allocation
An allocation that it is impossible unambiguously to improve upon, in the sense of producing more of one good without producing less of another.
Information Coefficient (IC)Information Coefficient (IC)
The correlation between predicted and actual stock returns, sometimes used to measure the contribution of a financial analyst. An IC of 1.0 indicates a perfect linear relationship between predicted and actual returns, while an IC of 0.0 indicates no linear relationship.
Gini CoefficientGini Coefficient
A measure of income inequality within a population, ranging from zero for complete equality, to one if one person has all the income. It is defined as the area between the Lorenz Curve and the diagonal, divided by the total area under the diagonal.
Efficient marketEfficient market
A market in which, at a minimum, current price changes are independent of past price changes, or, more strongly, price reflects all (publicly) available information. Some believe foreign exchange markets to be efficient, which in turn implies that future exchange rates cannot profitably be predicted.
Further SuggestionsEfficient set
Coefficient of Variation
efficient market theory
Internally efficient market
Operationally efficient market
Efficient markets theory(EMT)
Coefficient of determination
Earnings response coefficient