Financial economics: related pages

Making a gain through trading securities without committing or risking money.

A portfolio that costs the same as another one, but which is always guaranteed to out-perform the other.

The theory concerning the value and riskiness of portfolios as opposed to individual securities.

The satisfaction that individuals gain from buying goods or services. A key economic concept.

A graph of the relationship between utility an individuals consumption of something.

The proposition that the proportion of debt to equity does not affect the total value (debt + equity) of a company.

The theory that divided payments are irrelevant when valuing a company.