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Discounted utility. In economics, discounted utility is the utility (desirability) of some future event, such as consuming a certain amount of a good, as perceived at the present time as opposed to at the time of its occurrence. [1] It is calculated as the present discounted value of future utility, and for people with time preference for ...
In economics, time preference (or time discounting, [1] delay discounting, temporal discounting, [2] long-term orientation [3]) is the current relative valuation placed on receiving a good or some cash at an earlier date compared with receiving it at a later date. [1] Time preferences are captured mathematically in the discount function. The ...
Discounts and allowances are reductions to a basic price of goods or services.. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list price (which is quoted to a potential buyer ...
A boot-strap paradox, also known as an information loop, an information paradox, [6] an ontological paradox, [7] or a "predestination paradox" is a paradox of time travel that occurs when any event, such as an action, information, an object, or a person, ultimately causes itself, as a consequence of either retrocausality or time travel. [8] [9 ...
A source tells Us Weekly that “They are in production of The Flip Off without Josh. They’re moving forward with the show without him.” Okay then! Meanwhile, the source also notes that ...
q.1 h, q.1° quaque 1 hora: every 1 hour (can replace 1 with other numbers) q4PM at 4:00 pm (can replace 4 with other numbers) mistaken to mean every 4 hours q.a.d. quaque alternis die: every other day q.a.m. quaque die ante meridiem: every morning (every day before noon) q.d./q.1.d. quaque die: every day
Birthday paradox: In a random group of only 23 people, there is a better than 50/50 chance two of them have the same birthday. Borel's paradox: Conditional probability density functions are not invariant under coordinate transformations. Boy or Girl paradox: A two-child family has at least one boy.
Dead time. For detection systems that record discrete events, such as particle and nuclear detectors, the dead time is the time after each event during which the system is not able to record another event. [1] An everyday life example of this is what happens when someone takes a photo using a flash - another picture cannot be taken immediately ...