John R. Hicks
Who was John Hicks? John Hicks was a British economist who was awarded the Nobel Prize in Economics in 1972. He is best known for his work on welfare economics and consumer demand, and he also made significant contributions to the theory of economic growth. Hicks's work on welfare economics helped to develop the concept of the "compensation principle," which...
Japan Inc.
What is 'Japan Inc.' A nickname for the corporate world of Japan that came about during the 1980s boom, when Western business people saw how closely the Japanese government worked with its nation's business sector. Explaining 'Japan Inc.' The high degree of collusion between Japan's corporate and political sectors led to corruption throughout the...
John T. Chambers
DefinitionJohn Thomas Chambers is the former executive chairman and CEO of Cisco Systems. John T. Chambers What is 'John T. Chambers' The president and CEO of Cisco Systems, a consumer electronics, networking and communications technology company, since 1995 and chairman since 2006. Chambers joined the company in 1991 as senior vice president of Worldwide Sales and Operations....
Job Lot
DefinitionOcean State Job Lot, headquartered in North Kingstown, Rhode Island, is an American discount retailer with 131 stores discount stores operating in New England, New York and New Jersey. The chain takes its name from Rhode Island's nickname, "The Ocean State", and from "Job Lot", which means a miscellaneous group of articles, especially when sold or bought together.Ocean State...
Joint Account
DefinitionA joint account is a bank account shared by two or more individuals. Any individual who is a member of the joint account can withdraw from the account and deposit to it. Usually, joint accounts are shared between close relatives or business partners. Joint Account What is a 'Joint Account' A joint account is a bank or...
John B. Taylor
John B. Taylor's life and career John B. Taylor is a senior fellow at the Hoover Institution and the Mary and Robert Raymond Professor of Economics at Stanford University. He served as senior economist on President Ronald Reagan's Council of Economic Advisers from 1981 to 1982 and as under secretary of treasury for international affairs from 1989 to 1991. He...
Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for Accessibility Further Reading Event studies in economics and financewww.jstor.org ECONOMISTS are frequently asked to measure the effects of an economic event on the value of firms. On the surface this seems like a difficult task, but a measure can be constructed easily using an event study. Using financial market...
John W. Conway
What is 'John W. Conway' The chairman, president and CEO of Philadelphia-based Crown Holdings, a company that produces metal packaging such as soft drink cans, candy tins and aerosol containers for beauty products and industrial products. When Conway became CEO in 2001, the company had a large market share but a recession was hurting its business. Conway...
John F. Nash Jr.
DefinitionJohn Forbes Nash Jr. was an American mathematician who made fundamental contributions to game theory, differential geometry, and the study of partial differential equations. Nash's work has provided insight into the factors that govern chance and decision-making inside complex systems found in everyday life. John F. Nash Jr. What is 'John F. Nash Jr.' An American mathematician...
John Harsanyi
DefinitionJohn Charles Harsanyi was a Hungarian-American economist. John Harsanyi What is 'John Harsanyi' An economist who won the Nobel Memorial Prize in 1994 along with John Nash and Reinhard Selten for his research on game theory, a mathematical system for predicting the outcomes of competitions and conflicts. Harsanyi is also noted for his contributions to moral philosophy....