In dictionaries:
Marginal propensity to consume
Propensity to spend additional income.
Marginal propensity to save
Portion of income saved additionally.
Average propensity to consume
(as well as the marginal propensity to consume) a concept developed by John Maynard Keynes to analyze the consumption function, which is a formula where total consumption expenditures of a household consist of autonomous consumption (Ca) and income (or disposable income (Yd)) multiplied by marginal propensity to consume (c1 or MPC).
average propensity to save
Fraction of income saved regularly.
Propensity probability
The propensity theory of probability is a probability interpretation in which the probability is thought of as a physical propensity, disposition, or tendency of a given type of situation to yield an outcome of a certain kind, or to yield a long-run relative frequency of such an outcome.
Propensity score matching
In the statistical analysis of observational data, propensity score matching is a statistical matching technique that attempts to estimate the effect of a treatment, policy, or other intervention by accounting for the covariates that predict receiving the treatment.
propensity for pilfering
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