In financial markets, when round numbers become important, it creates an event risk environment Round numbers can’t seem to hold in financial markets; either there is a decisive breakthrough or a big ...
When it’s not necessary to give an exact value, numbers can be rounded. Rounding means making a number simpler but keeping its value close to what it is. When rounding numbers the result is less ...
Over the first four trading days of 2018, the Dow Jones industrial average, the Standard & Poor’s 500 and the Nasdaq Composite closed in record territory every day. Each of the bench marks passed some ...
Robert Breunig receives funding from the Australian Research Council, the Australian Treasury and the Australian Taxation Office. Australia’s tax system is needlessly complex, and that’s making it ...
The round number theory is a strategy we like to employ here at ChartSmarter. Very simply stocks seem to stall and find support at the round figures. There are some that are more important than others ...
When you’re negotiating your salary, the first number you mention will likely become the anchor everything else references. Make that number stronger by avoiding round numbers. As tips site Barking Up ...
Round numbers are handy—they’re easy to add, subtract and remember. But they’re not so helpful when it comes to crowdfunding. A new study by researchers Tse-Chun Lin and Vesa Pursiainen found that ...
Humans are remarkably good at estimating magnitudes. For example, we can estimate the amount of time it will take us to drive from point A to point B, so we know what time we should leave. We estimate ...
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