Interactive Glossary

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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Fairness, procedural:
The extent to which procedures are developed following due process, where procedures are transparent and public participation is facilitated; such clarity and accessibility characterizes open regulatory processes. Hearings or meetings are well publicized and arbitrary behavior by the regulator is unacceptable.
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Fairness, distributional outcome
Fair Value
Factors of production
Factor mobility
Factor market
Factor cost
Externalities
External shocks
External diseconomies of scale
External debt