. Nash Equilibrium: How Game Theory Works, Examples, Plus Prisoner’s Dilemma What is the best strategy in prisoners dilemma? There are a few different ways to approach the prisoners dilemma game. The most common way is to try to find a Nash equilibrium, which is a set of strategies where no player can improve their … Read more
Random Walk Theory: What It Is, How It Works, and an Example. What is random walk without drift? A random walk without drift is a term used in finance to describe the motion of a security’s price over time that is not influenced by any external factors. The security’s price is said to be “random” … Read more
Swing Trading: Advantages and Disadvantages for Investors Is swing trading better? There is no simple answer to this question as it depends on a number of factors, including the trader’s goals, risk tolerance, and trading style. However, swing trading generally refers to a strategy whereby traders look to take advantage of short-term price movements in … Read more
Rolling settlement is the process whereby trades are settled on a continuous basis throughout the trading day, as opposed to being settled at the end of the day as is the case with most other markets. This is done by closing out open positions at the end of each trading day and then re-establishing those … Read more
A pure play is a company that focuses on a single line of business. This allows investors to more easily predict how the company will perform, since it isn’t diversified and therefore isn’t as affected by factors outside its core business. For example, a company that focuses on selling electric vehicles would be a pure … Read more
A Registered Education Savings Plan (RESP) is a savings account that offers tax breaks to encourage parents to save for their child’s education. The money in the account can be used to pay for tuition, books, and other expenses related to post-secondary education. There are two types of RESPs: individual and family. Individual RESPs can … Read more
The AIP is a payment made by the government to the account holder of a Registered Education Savings Plan (RESP) to help with the costs of post-secondary education. The AIP is based on the income earned on the RESP investments and is paid out to the account holder when the money is withdrawn to pay … Read more
529 Plan: A Savings Plan for Education. What happens to a 529 account when the child turns 18? When the child reaches age 18, the account is still owned by the parent or other account holder, but the child is considered the account beneficiary. The account can be used for qualified education expenses at any … Read more
A grant-in-aid is defined as a type of financial aid that does not need to be repaid. Grants are typically need-based, meaning they are awarded to students based on their financial need. Grants can come from the federal government, state government, colleges, or private organizations. What are formula grants quizlet? Formula grants are grants that … Read more
A bursary award is defined as a sum of money that is awarded to a student in order to help them pay for their education. Bursaries are typically awarded based on financial need, and may also be awarded based on academic merit. Who qualifies for a bursary? To qualify for a bursary, you must first … Read more
