BNET Business Dictionary
Business Definition for: Effect
- the change in a response that is created by a change in one or more of the explanatory variables in a statistical study
Wiktionary Definition for: Effect
- The result or outcome of a cause.
- Ex:''The '''effect''' of the hurricane was a devastated landscape.''
- film An illusion produced by technical means (as in "special effect")
- Ex:''The '''effect''' of flying was most convincing.
- soundeng An alteration in sound after it has been produced by an instrument.
- Ex: ''I use an echo '''effect''' here to make the sound more mysterious.''
- soundeng A device for producing an alteration in sound produced by an instrument.
- Ex: ''I just bought a couple of great '''effects'''.''
- The state of being binding and enforceable, as in a rule, policy, or law.
- Ex:''The new law will come into '''effect''' on the first day of next year.''
- To make or bring about; to implement.
- Ex:''The best way to '''effect''' change is to work with existing stakeholders.''
Additional Resources
- The Liquidity Effect in the Federal Funds Market: Evidence From Daily Open Market Operations
- The paper uses forecast errors made by the Federal Reserve while preparing open market operations to identify a liquidity effect at a daily frequency in the federal funds market. Unlike Hamilton (1997), the paper finds a liquidity effect on many days of the reserve maintenance period besides settlement day. The...
- White papers 2004-09-01
- The Dunning-Kruger Effect and What to Do about It
- One of the most stressful aspects of being promoted to management can be the responsibility of determining others' compensation. Why is that? You might call it inflated egos. Psychologists call it the Dunning-Kruger effect, and Business Pundit has a great post on the phenomenon this week. First, a definition of...
- Blog posts 2008-01-04
- Measuring The Effect Of Globalization On Labour Demand Elasticity: An Empirical Application To OECD Countries
- There are various paths through which globalization are channelled to the labour market. One of these is the effect on labour demand elasticity. Trade might induce an increase in this elasticity via a scale effect due to the increased competition on the output market and/or via a substitution effect generated...
- White papers 2003-11-01
- Business Process Management: Dealing with the "Bullwhip" Effect
- "Bullwhip" effect, is mainly a concept which works like a snapping bullwhip, increasing in effect as it travels through its length. In the supply chain, this means that when orders to a customer are late or there is some other problem, the effect amplifies as it flows upstream. The question...
- White papers 2003-01-01
- Analysis Of The Bullwhip Effect In Supply Chains
- An important phenomenon in supply chain management, known as the bullwhip effect, suggests that demand variability increases as one moves up a supply chain. This paper examines the influence of different replenishment policies on the occurrence of the bullwhip effect. The paper demonstrates that certain replenishment policies can in themselves...
- White papers 2006-02-20
- SUN FAVORED THE FUTURE OF NETWORKS EFFECT
- AsiaInfo Services 12-05-2001 Sun Favored the Future of Networks Effect CHINA, Dec 05, 2001 AsiaPort via COMTEX -- Sun held the press conference in Hangzhou with the theme of "Targeted as Exerting Networks Effect, Making Efforts to Procee AsiaInfo Services...
- Research articles 2001-12-05
- Has eBay Reached the Limit of the Network Effect?
- Michael Guntersdorfer submits: The network effect, an effect famously exploited by AT&T’s T predecessor Bell Telephone’s president, Theodore Vail, to achieve monopoly power (one telephone is useless, but if everyone has one, it’s priceless), has been a dominant business model for internet companies for over a decade. eBay EBAY is...
- External links 2008-08-14
- The "Rich Get Richer" Effect
- Duncan Watts has a fascinating, brief piece in the NYT Magazine today about the "rich get richer" effect and how cultural mega-hits dont have much to do with many individuals independently liking a given song or book. Rather, the success of a successful book or song and the failure of...
- Blog posts 2007-04-15
- Supply Chain Management: Cracking The Bullwhip Effect
- The article flashes the numerous causes that cause these supply chain distortions what has become known as the "Bullwhip Effect". The "Bullwhip Effect" has in the past been accepted as normal, and in fact, thought to be an inevitable part of the order-to-delivery cycle. The most effective process for smoothing...
- White papers 2002-01-30
- Short Sales, Institutional Investors, and the Book-to-market Effect
- When institutional ownership is low, stock loan supply tends to be sparse, and short-sale constraints are thus more likely to bind. This paper shows that the book-to-market (B/M) effect is concentrated among such difficult-to-short stocks: Holding size fixed, returns of low B/M stocks decline sharply with lower institutional ownership. Moreover,...
- White papers 2003-02-01
- Portfolio Optimization, Heuristics and The ‘Butterfly Effect'
- The purpose of this paper is to explore the reasons why and to offer one reasonable alternative: a portfolio heuristic. A portfolio optimizer is a solution algorithm used to determine the optimal or very best solution given a set of information inputs. A portfolio heuristic is a solution algorithm used...
- White papers 2000-02-01
- The Decline in Household Saving and the Wealth Effect
- Using a unique set of household level panel data, the paper estimates the effect of capital gains on saving by asset type, controlling for observable and unobservable household specific fixed effects. The results suggest that the decline in the personal saving rate since 1984 is largely due to the significant...
- White papers 2004-04-01
- Size Effect on Bond Strength of Deformed Bars
- There is a current interest in using large bars as reinforcement in seismically resistant structures. While a large amount of experimental and analytical work has been performed to study the size-effect on the shear strength and flexural strength of reinforced concrete members less attention has been devoted to the size...
- White papers 2004-05-18
- Local Charge Carrier Mobility in Disordered Organic Field-Effect Transistors
- In conventional field-effect transistors, the extracted mobility does not take into account the distribution of charge carriers. However, in disordered organic field-effect transistors, the local charge carrier mobility decreases from the semiconductor/insulator interface into the bulk, due to its dependence on the charge carrier density. It is demonstrated that the...
- White papers 2003-04-01
- Are Firms Underleveraged? Examination of the Effect of Leverage on Default Probabilities
- A commonly held view in corporate finance is that firms are less leveraged than they should be, given the potentially large tax benefits of debt. This paper studies the effect of firms' leverage on default probabilities as represented by the firms' ratings. Using an instrumental variable approach, I find that...
- White papers 2004-11-30
- The Effect of Legal Environment on Auditors' Decisions to Accept Clients' Aggressive Reporting Methods
- This paper investigates the possible main effect of legal environment and explores the potential interactive effect of the legal environment on auditor-client relationships and client business risks when decisions are made about whether to accept clients' aggressive reporting methods. Sixty-three U.S. and eighty-four Hong Kong audit professionals from Big 4...
- White papers 2004-03-01
- The Effect of Health Events and Health Insurance on Couples' Labor Supply Decisions
- Health events such as heart attacks or new diagnoses of chronic illnesses have a large effect on labor supply decisions for both men and women, particularly when accompanied by large changes in functioning. The onset of a heart attack or stroke accompanied by new difficulty in performing 4 ADLs is...
- White papers 2002-05-31
- Re-Examining The Cause-And-Effect Principle Of The Balanced Scorecard
- There seems to be a wide variety of methods in how organizations apply the Balanced Scorecard BSC concept in practice and how it is interpreted in the literature. Consequently, it is not quite clear what the core features of BSC, or its variants, are and if all its variants are...
- White papers 2005-01-01
- BioWare's Mass Effect for PC Now Available in North America
- EDMONTON, Alberta -- Leading video game developer BioWare[TM], a division of Electronic Arts Inc. (NASDAQ:ERTS), has announced that the award-winning space epic Mass Effect[TM] for the PC is now available in stores across North America. Rated "M" for Mature, Mass Effect is available at a MSRP of $49.99 at all...
- Research articles 2008-05-28
- How Real Is The Placebo Effect?
- The medical establishment has long held that a substance can have a medicinal effect simply because a patient believes it will. The conventional wisdom about this placebo effect, which harks back to a paper published in 1955, has been that it works for one patient in three. That's not a...
- Research articles 2001-06-18
