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direct utility function (DO)<br />A consumer's utility related to the quantities of goods consumed.<br /> See also: indirect utility function dirigisme (L5)<br />State intervention in society and direction of the economy as practised in France from the seventeenth century.<br /> See also: Colbertism; mercantilism dirty float (F3)<br />An exchange rate regime which, for the most part, is dominated by market forces but occasionally has interference by governments and central banks to prevent an excessive fluctuation in the value of a currency.<br /> See also: floating exchange rate disappointment aversion (DO, G1)<br />Being willing to suffer more pain from a loss than receiving pleasure from gammg the same amount. This aversion causes many people to prefer the high probability of a small loss in a lottery to the low probability of a high loss through investing in EQUITIES.<br /><em>Reference</em><br />Gul, F. (1991) 'A theory of disappointment aversion', Econometrica 59: 667-86.
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<strong>Coordinating Board for Higher Education (CBHE)</strong> – The governing body overseeing the Missouri Department of Higher Education. The CBHE is comprised of 9 board members and meets 5 times each year.
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