Ex ante: Difference between revisions
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'''Ex ante''' is latin for "beforehand". | |||
In models where there is uncertainty that is resolved during the course of events, the ex antes values (e.g. of expected gain) are those that are calculated in advance of the resolution of uncertainty | |||
Economics Dictionary | Economics Dictionary |
Latest revision as of 03:39, 7 December 2006
Ex ante is latin for "beforehand". In models where there is uncertainty that is resolved during the course of events, the ex antes values (e.g. of expected gain) are those that are calculated in advance of the resolution of uncertainty
Economics Dictionary