Anki Deck Changes

Commit: a293cc79 - some fixes, banished advanced finance to SiP

Author: lhorva <lhorva@student.ethz.ch>

Date: 2026-02-21T01:18:19+01:00

Changes: 25 note(s) changed (11 added, 4 modified, 10 deleted)

Note 1: ETH::2. Semester::A&W

Deck: ETH::2. Semester::A&W
Note Type: Horvath Cloze
GUID: g4xc]|oh.@
modified

Before

Front

ETH::2._Semester::A&W::1._Graphentheorie::4._Zusammenhang
Sei \(G = (V, E)\) ein Graph und \(u, v \in V, u \neq v\). Dann gilt:
  1. Jeder \(u\)-\(v\)-Knotenseparator hat Grösse mindestens \(k \)\(\iff\)Es gibt mindestens \(k\) intern-knotendisjunkte \(u\)-\(v\)-Pfade.
  2.  Jeder \(u\)-\(v\)-Kantenseparator hat Grösse mindestens \(k\)\(\iff\)Es gibt mindestens \(k\) kantendisjunkte \(u\)-\(v\)-Pfade.

Back

ETH::2._Semester::A&W::1._Graphentheorie::4._Zusammenhang
Sei \(G = (V, E)\) ein Graph und \(u, v \in V, u \neq v\). Dann gilt:
  1. Jeder \(u\)-\(v\)-Knotenseparator hat Grösse mindestens \(k \)\(\iff\)Es gibt mindestens \(k\) intern-knotendisjunkte \(u\)-\(v\)-Pfade.
  2.  Jeder \(u\)-\(v\)-Kantenseparator hat Grösse mindestens \(k\)\(\iff\)Es gibt mindestens \(k\) kantendisjunkte \(u\)-\(v\)-Pfade.

Satz von Karl Menger 



(Sohn vom sehr baseden Carl Menger)

After

Front

ETH::2._Semester::A&W::1._Graphentheorie::4._Zusammenhang
Sei \(G = (V, E)\) ein Graph und \(u, v \in V, u \neq v\). Dann gilt:
  1. Jeder \(u\)-\(v\)-Knotenseparator hat Grösse mindestens \(k \)\(\iff\)Es gibt mindestens \(k\) intern-knotendisjunkte \(u\)-\(v\)-Pfade.
  2. Jeder \(u\)-\(v\)-Kantenseparator hat Grösse mindestens \(k\)\(\iff\)Es gibt mindestens \(k\) kantendisjunkte \(u\)-\(v\)-Pfade.

Back

ETH::2._Semester::A&W::1._Graphentheorie::4._Zusammenhang
Sei \(G = (V, E)\) ein Graph und \(u, v \in V, u \neq v\). Dann gilt:
  1. Jeder \(u\)-\(v\)-Knotenseparator hat Grösse mindestens \(k \)\(\iff\)Es gibt mindestens \(k\) intern-knotendisjunkte \(u\)-\(v\)-Pfade.
  2. Jeder \(u\)-\(v\)-Kantenseparator hat Grösse mindestens \(k\)\(\iff\)Es gibt mindestens \(k\) kantendisjunkte \(u\)-\(v\)-Pfade.

Satz von Karl Menger 



(Sohn vom sehr baseden Carl Menger)
Field-by-field Comparison
Field Before After
Text Sei \(G = (V, E)\) ein Graph und \(u, v \in V, u \neq v\). Dann gilt: <br><ol><li>{{c1::Jeder \(u\)-\(v\)-Knotenseparator hat Grösse mindestens \(k \)}}\(\iff\){{c2::Es gibt mindestens \(k\) intern-knotendisjunkte \(u\)-\(v\)-Pfade.}}</li><li>{{c1::&nbsp;Jeder \(u\)-\(v\)-Kantenseparator hat Grösse mindestens \(k\)}}\(\iff\){{c2::Es gibt mindestens \(k\) kantendisjunkte \(u\)-\(v\)-Pfade.}}</li></ol> Sei \(G = (V, E)\) ein Graph und \(u, v \in V, u \neq v\). Dann gilt: <br><ol><li>{{c1::Jeder \(u\)-\(v\)-Knotenseparator hat Grösse mindestens \(k \)}}\(\iff\){{c2::Es gibt mindestens \(k\) intern-knotendisjunkte \(u\)-\(v\)-Pfade.}}</li><li>{{c1::Jeder \(u\)-\(v\)-Kantenseparator hat Grösse mindestens \(k\)}}\(\iff\){{c2::Es gibt mindestens \(k\) kantendisjunkte \(u\)-\(v\)-Pfade.}}</li></ol>
Tags: ETH::2._Semester::A&W::1._Graphentheorie::4._Zusammenhang

Note 2: ETH::2. Semester::Analysis

Deck: ETH::2. Semester::Analysis
Note Type: Horvath Cloze
GUID: q:SB!^;sl@
modified

Before

Front

ETH::2._Semester::Analysis::1._Logik,_Mengen,_Zahlen::3._Zahlen
Ein abgeschlossenes Intervall zwischen \(a\) und \(b\) ist \([a, b]\)={{c3::\(\{ x \in \mathbb{R} \mid a \leq x \leq b\}\)}}.

Back

ETH::2._Semester::Analysis::1._Logik,_Mengen,_Zahlen::3._Zahlen
Ein abgeschlossenes Intervall zwischen \(a\) und \(b\) ist \([a, b]\)={{c3::\(\{ x \in \mathbb{R} \mid a \leq x \leq b\}\)}}.

After

Front

ETH::2._Semester::Analysis::1._Logik,_Mengen,_Zahlen::3._Zahlen
Ein abgeschlossenes Intervall zwischen \(a\) und \(b\) ist \([a, b]={{c3::\{ x \in \mathbb{R} \mid a \leq x \leq b\} }}\).

Back

ETH::2._Semester::Analysis::1._Logik,_Mengen,_Zahlen::3._Zahlen
Ein abgeschlossenes Intervall zwischen \(a\) und \(b\) ist \([a, b]={{c3::\{ x \in \mathbb{R} \mid a \leq x \leq b\} }}\).
Field-by-field Comparison
Field Before After
Text Ein {{c1::abgeschlossenes}} Intervall zwischen&nbsp;\(a\)&nbsp;und&nbsp;\(b\)&nbsp;ist {{c2::\([a, b]\)}}={{c3::\(\{ x \in \mathbb{R} \mid a \leq x \leq b\}\)}}. Ein {{c1::abgeschlossenes}} Intervall zwischen&nbsp;\(a\)&nbsp;und&nbsp;\(b\)&nbsp;ist \({{c2::[a, b]}}={{c3::\{ x \in \mathbb{R} \mid a \leq x \leq b\} }}\).
Tags: ETH::2._Semester::Analysis::1._Logik,_Mengen,_Zahlen::3._Zahlen

Note 3: ETH::2. Semester::PProg

Deck: ETH::2. Semester::PProg
Note Type: Horvath Cloze
GUID: Gx8iRncQ~1
added

Previous

Note did not exist

New Note

Front

ETH::2._Semester::PProg::01._Introduction ETH::2._Semester::PProg::Terminology
Parallelism can be specified explicitly by manually assigning tasks to threads or implicitly by using a framework that distributes tasks automatically.

Back

ETH::2._Semester::PProg::01._Introduction ETH::2._Semester::PProg::Terminology
Parallelism can be specified explicitly by manually assigning tasks to threads or implicitly by using a framework that distributes tasks automatically.
Field-by-field Comparison
Field Before After
Text Parallelism can be specified {{c1::explicitly by manually assigning tasks to threads}} or {{c2::implicitly by using a framework that distributes tasks automatically}}.
Tags: ETH::2._Semester::PProg::01._Introduction ETH::2._Semester::PProg::Terminology

Note 4: ETH::2. Semester::PProg

Deck: ETH::2. Semester::PProg
Note Type: Horvath Cloze
GUID: bD]7})PU$-
modified

Before

Front

ETH::2._Semester::PProg::01._Introduction ETH::2._Semester::PProg::Terminology
Parallelism means doing multiple things at the same time (as opposed to concurrency: dealing with multiple things at the same time). Performing computations simultaneously; either actually, if sufficient computation units are available, or virtually, via some form of alternation. Often used interchangeably with concurrency. Parallelism can be specified explicitly by manually assigning tasks to threads or implicitly by using a framework that distributes tasks automatically.

Back

ETH::2._Semester::PProg::01._Introduction ETH::2._Semester::PProg::Terminology
Parallelism means doing multiple things at the same time (as opposed to concurrency: dealing with multiple things at the same time). Performing computations simultaneously; either actually, if sufficient computation units are available, or virtually, via some form of alternation. Often used interchangeably with concurrency. Parallelism can be specified explicitly by manually assigning tasks to threads or implicitly by using a framework that distributes tasks automatically.

After

Front

ETH::2._Semester::PProg::01._Introduction ETH::2._Semester::PProg::Terminology
Parallelism means doing multiple things at the same time

Back

ETH::2._Semester::PProg::01._Introduction ETH::2._Semester::PProg::Terminology
Parallelism means doing multiple things at the same time

(As opposed to concurrency: dealing with multiple things at the same time).

Performing computations simultaneously; either actually, if sufficient computation units are available, or virtually, via some form of alternation.

Often used interchangeably with concurrency. 
Field-by-field Comparison
Field Before After
Text {{c1::Parallelism}} means {{c2::doing multiple things at the same time}} (as opposed to concurrency: dealing with multiple things at the same time). Performing computations {{c3::simultaneously}}; either actually, if sufficient computation units are available, or virtually, via some form of alternation. Often used interchangeably with concurrency. {{c1::Parallelism}}&nbsp;can be specified explicitly by {{c4::manually assigning tasks to threads}} or implicitly by {{c5::using a framework that distributes tasks automatically}}. {{c1::Parallelism}} means {{c2::doing multiple things at the same time}}.&nbsp;
Extra (As opposed to concurrency: dealing with multiple things at the same time). <br><br>Performing computations simultaneously; either actually, if sufficient computation units are available, or virtually, via some form of alternation. <br><br>Often used interchangeably with concurrency.&nbsp;
Tags: ETH::2._Semester::PProg::01._Introduction ETH::2._Semester::PProg::Terminology

Note 5: ETH::2. Semester::PProg

Deck: ETH::2. Semester::PProg
Note Type: Horvath Cloze
GUID: eIYu#!KzX_
modified

Before

Front

ETH::2._Semester::PProg::01._Introduction
\(\text{speedup (using p processors)} = \frac{\text{execution time (using 1 processor)}}{\text{execution time (using p processors)}}\)

Back

ETH::2._Semester::PProg::01._Introduction
\(\text{speedup (using p processors)} = \frac{\text{execution time (using 1 processor)}}{\text{execution time (using p processors)}}\)

After

Front

ETH::2._Semester::PProg::01._Introduction
\({{c1::\text{speedup (using p processors)} }} = \frac{ {{c2::\text{execution time (using 1 processor)} }} }{ {{c3::\text{execution time (using p processors)} }} }\)

Back

ETH::2._Semester::PProg::01._Introduction
\({{c1::\text{speedup (using p processors)} }} = \frac{ {{c2::\text{execution time (using 1 processor)} }} }{ {{c3::\text{execution time (using p processors)} }} }\)
Field-by-field Comparison
Field Before After
Text \({{c1::\text{speedup (using p processors)}}} = \frac{{{c2::\text{execution time (using 1 processor)}}}}{{{c3::\text{execution time (using p processors)}}}}\) \({{c1::\text{speedup (using p processors)} }} = \frac{ {{c2::\text{execution time (using 1 processor)} }} }{ {{c3::\text{execution time (using p processors)} }} }\)
Tags: ETH::2._Semester::PProg::01._Introduction

Note 6: ETH::2. Semester::Advanced Finance

Deck: ETH::2. Semester::Advanced Finance
Note Type: Horvath Cloze
GUID: Co|jGBm>(z
deleted

Deleted Note

Front

ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
An entrenching investment is an investment which favors the skills of the current managers even if the investment has a lower or negative NPV.

Back

ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
An entrenching investment is an investment which favors the skills of the current managers even if the investment has a lower or negative NPV.

Current

Note has been deleted

Field-by-field Comparison
Field Before After
Text An entrenching investment is an investment which {{c1:: favors the skills of the current managers}} even if the investment has a lower or negative NPV.
Tags: ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?

Note 7: ETH::2. Semester::Advanced Finance

Deck: ETH::2. Semester::Advanced Finance
Note Type: Horvath Cloze
GUID: EKv&?P)`(`
deleted

Deleted Note

Front

ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Agency costs are reductions in a firm's value that arise from agency problems 

Back

ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Agency costs are reductions in a firm's value that arise from agency problems 

Current

Note has been deleted

Field-by-field Comparison
Field Before After
Text Agency costs are {{c1::reductions in a firm's value that arise from agency problems}}&nbsp;
Tags: ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?

Note 8: ETH::2. Semester::Advanced Finance

Deck: ETH::2. Semester::Advanced Finance
Note Type: Horvath Cloze
GUID: KI_dDLj#+L
deleted

Deleted Note

Front

ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Agency problems are problems that arise from conflicting interests of agents (managers) and principals (shareholders).

Back

ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Agency problems are problems that arise from conflicting interests of agents (managers) and principals (shareholders).

The agent might act in this way for various reasons such as his personal compensation or prestige for example.

Current

Note has been deleted

Field-by-field Comparison
Field Before After
Text Agency problems are problems that arise from {{c1::conflicting interests of agents (managers) and principals (shareholders)}}.
Extra The agent might act in this way for various reasons such as his personal compensation or prestige for example.
Tags: ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?

Note 9: ETH::2. Semester::Advanced Finance

Deck: ETH::2. Semester::Advanced Finance
Note Type: Horvath Cloze
GUID: N)B$=S1q&p
deleted

Deleted Note

Front

ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Agency costs fall into two categories: 
  1. Value lost because managers don't take value-maximizing decisions
  2. Costs of monitoring managers, setting rules and procedures to mitigate agency problems, and intervening when agency problems are sufficiently severe

Back

ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Agency costs fall into two categories: 
  1. Value lost because managers don't take value-maximizing decisions
  2. Costs of monitoring managers, setting rules and procedures to mitigate agency problems, and intervening when agency problems are sufficiently severe

Current

Note has been deleted

Field-by-field Comparison
Field Before After
Text Agency costs fall into two categories:&nbsp;<br><ol><li>{{c1:: Value lost because managers don't take value-maximizing decisions}}</li><li>{{c2:: Costs of monitoring managers, setting rules and procedures to mitigate agency problems, and intervening when agency problems are sufficiently severe}}</li></ol>
Tags: ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?

Note 10: ETH::2. Semester::Advanced Finance

Deck: ETH::2. Semester::Advanced Finance
Note Type: Horvath Cloze
GUID: OKj^jidPIi
deleted

Deleted Note

Front

ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Errors of commission are mistakes which can be characterized as making a bad decision.

Back

ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Errors of commission are mistakes which can be characterized as making a bad decision.

Current

Note has been deleted

Field-by-field Comparison
Field Before After
Text Errors of {{c1:: commission}} are mistakes which can be characterized as making a bad decision.
Tags: ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?

Note 11: ETH::2. Semester::Advanced Finance

Deck: ETH::2. Semester::Advanced Finance
Note Type: Horvath Cloze
GUID: e|~]-hge*L
deleted

Deleted Note

Front

ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Agency problems include a manager:
  1. not putting in sufficient effort
  2. wasting money on personal benefits
  3. overinvesting in search of power or prestige
  4. taking too many or too few risks
  5. focusing on short-term results at the expense of long-term results

Back

ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Agency problems include a manager:
  1. not putting in sufficient effort
  2. wasting money on personal benefits
  3. overinvesting in search of power or prestige
  4. taking too many or too few risks
  5. focusing on short-term results at the expense of long-term results

Current

Note has been deleted

Field-by-field Comparison
Field Before After
Text Agency problems include a manager:<br><ol><li>{{c1:: not putting in sufficient effort}}</li><li>{{c2:: wasting money on personal benefits}}</li><li>{{c3:: overinvesting in search of power or prestige}}</li><li>{{c4:: taking too many or too few risks}}</li><li>{{c5:: focusing on short-term results at the expense of long-term results}}</li></ol>
Tags: ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?

Note 12: ETH::2. Semester::Advanced Finance

Deck: ETH::2. Semester::Advanced Finance
Note Type: Horvath Cloze
GUID: jCa{z0lPT/
deleted

Deleted Note

Front

ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Managers should ignore  specific risk while evaluating investments as shareholders can diversify this risk away.

Back

ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Managers should ignore  specific risk while evaluating investments as shareholders can diversify this risk away.

Current

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Field-by-field Comparison
Field Before After
Text Managers should ignore&nbsp;{{c1:: specific risk}} while evaluating investments as shareholders can&nbsp;{{c2::diversify this risk away}}.
Tags: ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?

Note 13: ETH::2. Semester::Advanced Finance

Deck: ETH::2. Semester::Advanced Finance
Note Type: Horvath Cloze
GUID: jUK}sO~Ses
deleted

Deleted Note

Front

ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
NPV stands for Net Present Value and is a method of evaluating the profitability of an investment by calculating the present value of future expected cashflows minus the initial cost of the investment.

Back

ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
NPV stands for Net Present Value and is a method of evaluating the profitability of an investment by calculating the present value of future expected cashflows minus the initial cost of the investment.

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Field-by-field Comparison
Field Before After
Text NPV stands for {{c1:: Net Present Value}} and is a {{c2:: method of evaluating the profitability of an investment}} by {{c3:: calculating the present value of future expected cashflows minus the initial cost of the investment}}.
Tags: ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?

Note 14: ETH::2. Semester::Advanced Finance

Deck: ETH::2. Semester::Advanced Finance
Note Type: Horvath Cloze
GUID: kr$X2j=OQ2
deleted

Deleted Note

Front

ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Managers are typically averse to specific risk because  their own livelyhood is closely tied to the firm's performance

Back

ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Managers are typically averse to specific risk because  their own livelyhood is closely tied to the firm's performance

Current

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Field-by-field Comparison
Field Before After
Text Managers are typically averse to specific risk because&nbsp;{{c1:: their own livelyhood is closely tied to the firm's performance}}
Tags: ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?

Note 15: ETH::2. Semester::Advanced Finance

Deck: ETH::2. Semester::Advanced Finance
Note Type: Horvath Cloze
GUID: rRZQ}T1r<0
deleted

Deleted Note

Front

ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Errors of ommission are mistakes which can be characterized as failing to take good decisions.

Back

ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Errors of ommission are mistakes which can be characterized as failing to take good decisions.

Current

Note has been deleted

Field-by-field Comparison
Field Before After
Text Errors of {{c1:: ommission}} are mistakes which can be characterized as failing to take good decisions.
Tags: ETH::2._Semester::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?

Note 16: ETH::Science in Perspective::Advanced Finance

Deck: ETH::Science in Perspective::Advanced Finance
Note Type: Horvath Cloze
GUID: Co|jGBm>(z
added

Previous

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Front

ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
An entrenching investment is an investment which favors the skills of the current managers even if the investment has a lower or negative NPV.

Back

ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
An entrenching investment is an investment which favors the skills of the current managers even if the investment has a lower or negative NPV.
Field-by-field Comparison
Field Before After
Text An entrenching investment is an investment which {{c1:: favors the skills of the current managers}} even if the investment has a lower or negative NPV.
Tags: ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?

Note 17: ETH::Science in Perspective::Advanced Finance

Deck: ETH::Science in Perspective::Advanced Finance
Note Type: Horvath Cloze
GUID: EKv&?P)`(`
added

Previous

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Front

ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Agency costs are reductions in a firm's value that arise from agency problems 

Back

ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Agency costs are reductions in a firm's value that arise from agency problems 
Field-by-field Comparison
Field Before After
Text Agency costs are {{c1::reductions in a firm's value that arise from agency problems}}&nbsp;
Tags: ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?

Note 18: ETH::Science in Perspective::Advanced Finance

Deck: ETH::Science in Perspective::Advanced Finance
Note Type: Horvath Cloze
GUID: KI_dDLj#+L
added

Previous

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Front

ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Agency problems are problems that arise from conflicting interests of agents (managers) and principals (shareholders).

Back

ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Agency problems are problems that arise from conflicting interests of agents (managers) and principals (shareholders).

The agent might act in this way for various reasons such as his personal compensation or prestige for example.
Field-by-field Comparison
Field Before After
Text Agency problems are problems that arise from {{c1::conflicting interests of agents (managers) and principals (shareholders)}}.
Extra The agent might act in this way for various reasons such as his personal compensation or prestige for example.
Tags: ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?

Note 19: ETH::Science in Perspective::Advanced Finance

Deck: ETH::Science in Perspective::Advanced Finance
Note Type: Horvath Cloze
GUID: N)B$=S1q&p
added

Previous

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Front

ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Agency costs fall into two categories: 
  1. Value lost because managers don't take value-maximizing decisions
  2. Costs of monitoring managers, setting rules and procedures to mitigate agency problems, and intervening when agency problems are sufficiently severe

Back

ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Agency costs fall into two categories: 
  1. Value lost because managers don't take value-maximizing decisions
  2. Costs of monitoring managers, setting rules and procedures to mitigate agency problems, and intervening when agency problems are sufficiently severe
Field-by-field Comparison
Field Before After
Text Agency costs fall into two categories:&nbsp;<br><ol><li>{{c1:: Value lost because managers don't take value-maximizing decisions}}</li><li>{{c2:: Costs of monitoring managers, setting rules and procedures to mitigate agency problems, and intervening when agency problems are sufficiently severe}}</li></ol>
Tags: ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?

Note 20: ETH::Science in Perspective::Advanced Finance

Deck: ETH::Science in Perspective::Advanced Finance
Note Type: Horvath Cloze
GUID: OKj^jidPIi
added

Previous

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Front

ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Errors of commission are mistakes which can be characterized as making a bad decision.

Back

ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Errors of commission are mistakes which can be characterized as making a bad decision.
Field-by-field Comparison
Field Before After
Text Errors of {{c1:: commission}} are mistakes which can be characterized as making a bad decision.
Tags: ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?

Note 21: ETH::Science in Perspective::Advanced Finance

Deck: ETH::Science in Perspective::Advanced Finance
Note Type: Horvath Cloze
GUID: e|~]-hge*L
added

Previous

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Front

ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Agency problems include a manager:
  1. not putting in sufficient effort
  2. wasting money on personal benefits
  3. overinvesting in search of power or prestige
  4. taking too many or too few risks
  5. focusing on short-term results at the expense of long-term results

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ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Agency problems include a manager:
  1. not putting in sufficient effort
  2. wasting money on personal benefits
  3. overinvesting in search of power or prestige
  4. taking too many or too few risks
  5. focusing on short-term results at the expense of long-term results
Field-by-field Comparison
Field Before After
Text Agency problems include a manager:<br><ol><li>{{c1:: not putting in sufficient effort}}</li><li>{{c2:: wasting money on personal benefits}}</li><li>{{c3:: overinvesting in search of power or prestige}}</li><li>{{c4:: taking too many or too few risks}}</li><li>{{c5:: focusing on short-term results at the expense of long-term results}}</li></ol>
Tags: ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?

Note 22: ETH::Science in Perspective::Advanced Finance

Deck: ETH::Science in Perspective::Advanced Finance
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ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Managers should ignore  specific risk while evaluating investments as shareholders can diversify this risk away.

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ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Managers should ignore  specific risk while evaluating investments as shareholders can diversify this risk away.
Field-by-field Comparison
Field Before After
Text Managers should ignore&nbsp;{{c1:: specific risk}} while evaluating investments as shareholders can&nbsp;{{c2::diversify this risk away}}.
Tags: ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?

Note 23: ETH::Science in Perspective::Advanced Finance

Deck: ETH::Science in Perspective::Advanced Finance
Note Type: Horvath Cloze
GUID: jUK}sO~Ses
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ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
NPV stands for Net Present Value and is a method of evaluating the profitability of an investment by calculating the present value of future expected cashflows minus the initial cost of the investment.

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ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
NPV stands for Net Present Value and is a method of evaluating the profitability of an investment by calculating the present value of future expected cashflows minus the initial cost of the investment.
Field-by-field Comparison
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Text NPV stands for {{c1:: Net Present Value}} and is a {{c2:: method of evaluating the profitability of an investment}} by {{c3:: calculating the present value of future expected cashflows minus the initial cost of the investment}}.
Tags: ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?

Note 24: ETH::Science in Perspective::Advanced Finance

Deck: ETH::Science in Perspective::Advanced Finance
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GUID: kr$X2j=OQ2
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ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Managers are typically averse to specific risk because  their own livelyhood is closely tied to the firm's performance

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ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Managers are typically averse to specific risk because  their own livelyhood is closely tied to the firm's performance
Field-by-field Comparison
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Text Managers are typically averse to specific risk because&nbsp;{{c1:: their own livelyhood is closely tied to the firm's performance}}
Tags: ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?

Note 25: ETH::Science in Perspective::Advanced Finance

Deck: ETH::Science in Perspective::Advanced Finance
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ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Errors of ommission are mistakes which can be characterized as failing to take good decisions.

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ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
Errors of ommission are mistakes which can be characterized as failing to take good decisions.
Field-by-field Comparison
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Text Errors of {{c1:: ommission}} are mistakes which can be characterized as failing to take good decisions.
Tags: ETH::Science_in_Perspective::Advanced_Finance::19::1._What_Agency_Problems_Should_You_Watch_Out_For?
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