Preference

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Preference

Refers to over-the-counter trading. Selection of a dealer to handle a trade despite the dealer's market not being the best available. Often the "preferenced dealer" will then move his market in line.

Preference

The practice of executing trades and other transactions by means other than the open market. For example, if one needs roofing repairs on one's house, one may select one's brother's roofing business even if it is more expensive. In securities, preference often occurs in over-the-counter trades, especially within a brokerage. Preference can, but does not always, lead to economic inefficiency.

preference

The practice of matching customers' buy and sell orders away from the primary exchange. Preferencing is opposed by the New York Stock Exchange because it claims the practice unfairly benefits brokerage firms and doesn't give customer orders the chance to see other customer orders in a public market. Compare in-house trade.
References in periodicals archive ?
Ortt, "Multi-criteria supplier segmentation using a fuzzy preference relations based AHP," European Journal of Operational Research, vol.
In such a graph, each node stands for an objective, and each directed edge stands for a preference relation.
A least deviation method to obtain a priority vector of a fuzzy preference relation, European Journal of Operational Research 164(1): 206-216.
Let Q be a fuzzy preference relation on X and B be a non-empty family of nonzero fuzzy subsets of X.
The idea of finding factored value functions that represent some preference relation is discussed at length in Keeney and Raiffa (1976).
So in this section, we focus on Linguistic preference relation in technology project assessment.
Given that every utility function also induces an ordinal preference relation, any concept defined for ordinal preferences also extends to the cardinal case.
A preference relation R over X is a binary relation R [subconjunto o igual a] X X X.
k] is assigned a transitive and connected preference relation [R.
The assumptions about the preference relation imply that for any bundle A, there exists another bundle B, having identical amounts of goods, [x.
The aim of that initial paper was to give topological conditions on the space of actions of an agent implying that a closed preference relation can be represented by a continuous utility function.