Dialed Number Identification. A system whereby you can learn in a call center what number the incoming callers dialed to […]

Action that yields the highest payoff for a player, no matter what the other players do.

An outcome of a game in which every player plays his or her dominant strategy.

A technology that produces the same amount at lower cost than alternative technologies irrespective of the prices of inputs. It […]

We describe an outcome in this way if more of something that is positively valued can be attained without less […]

A product offered at an extreme discount in order to attract potential customers. This quantity of such items are typically […]

A sum of money delivered upfront as partial fulfillment of a loan’s terms. This payment helps reduce the risk of […]

A fundraising round in which a startup’s valuation is lower than in previous rounds.

Moving a function from a mainframe computer to a smaller computer such as a Mini, a LAN or a PC.

A marketing scheme in which buyer interest is acquired via low advertised prices, but fees and surcharges are added in […]