Elastic Rebound Theory: A theory that explains the earthquake process. In this theory, slowly accumulating elastic strain builds within a rock mass over an extended length of time. This strain is suddenly released through fault movement, producing an earthquake.

 

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Elastic Rebound Theory: A theory that explains the earthquake process. In this theory, slowly accumulating elastic strain builds within a rock mass over an extended length of time. This strain is suddenly released . . . View Full Definition

Preferred Habitat Theory: A biased expectations theory that believes the term structure reflects the expectation of the future path of interest rates as well as risk premium. The theory rejects the assertion that the . . . View Full Definition

Photo Elasticity: Method of determining stress patterns in structures with the aid of polarized light.

Organizational Behavior Modification Theory: A motivational theory suggesting that an individual will behave in a manner that helps him or her avoid potential negative outcomes and achieve agreeable outcomes.

Presidential Election Cycle Theory: A theory that stock market trends can be predicted and explained by the four-year presidential election cycle.

Price Elasticities: The percentage change in quantity divided by a percentage change in the price. Answers the question: How much will the demand for my product decrease if I raise prices by 10%?

Profit Elasticity: A measure of the profit potential of different economic conditions based on adjusting price, supply, or other variables to create a different profit potential where the supply and demand cur . . . View Full Definition

Price Elasticity Of Demand: The relationship between the change in the price of a commodity and the corresponding change in the quantity that is sold. If a small change in the price is accompanied by a relatively large . . . View Full Definition

Option Elasticity: The percentage increase in an option's value, given a 1 percentage point change in the value of the underlying security.

Optimal Foraging Theory: A theory designed to predict the foraging behavior that maximizes food intake per unit time