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Homogeneity

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HOMOGENEITY - The degree to which items are similar.
HOMOGENEOUS - Composed of parts all of the same kind or of the same kind or nature; essentially alike.

 


Homogeneity (common needs within segment)
Distinction (unique from other groups)
Reaction (similar response to market) ...

Positive Homogeneity: for every portfolio X and positive value " > 0, ρ("X) = "ρ(X);
Translation-Invariance: for every portfolio X and , ρ(X + a) = ρ(X) ' a;
Monotonicity: for all portfolios X and Y such that , ; ...

exposed to the same risk;
b) measurability of the risk: in order to determine the premium for the transfer of a risk it is essential to know the probability of occurrence and the magnitude of the average loss possibly generated);
c) homogeneity and ...

Without linear homogeneity or something equivalent to it, the Lerner Diagram would make no sense and could not be used.
Only Hicks-neutral technological change is illustrated above.

Exhibiting a high degree of homogeneity. Homogeneous expectations assumption ...

Steering - The illegal practice of channeling home seekers to particular areas, either to maintain the homogeneity of an area or to change the character of an area, which limits their choices of where they can live.

The chi-square test for homogeneity examines whether two populations have the same proportion of observations with a common characteristic. Though the formula is the same for both tests, the underlying logic and sampling procedures vary.

Steering
The illegal practice of channeling homebuyers interested in equivalent properties to particular areas, either to maintain the homogeneity of an area or to change the character of an area, which limits their home choices.

This has been possible due to the relative homogeneity of retail obligors. Corporate obligations-loans, bonds, derivatives, etc.-are far less homogenous. Also, they represent greater concentrations of risk.

He shows how morality can be viewed physically, as evolving from an indefinite incoherent homogeneity to a definite, coherent heterogeneity; biologically, as evolving from a less to a more complete performance of vital functions, ...

Number of firm engaged in this practice
Number of workers involved
Homogeneity of the industry
When did the industry's practice change, if applicable
Did taxpayer reasonably rely on the industry practice ...

See also: Values, Counterparty, Technical Analysis, Inputs, Banks

Business Home equity loanHonorarium

 
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