→ Non Expected Utility In Macroeconomics → Start læring / Last ned MP3 Flashcards

spørsmålet		svaret
utility begynn å lære		usefulness of something
consumption begynn å lære		the amount that is used(eating, drinking, services etc.)
Parametric begynn å lære		relating to the parameters of something
isoelastic utility function begynn å lære		s used to express utility in terms of consumption or some other economic variable that a decision-maker is concerned with.
distinguish begynn å lære		to notice or understand the difference between two things
Elasticity of intertemporal substitution begynn å lære		is a measure of responsiveness of the growth rate of consumption to the real interest rate.
empirical begynn å lære		based on practise rather than theory
theoretical begynn å lære		based on theory
preferences begynn å lære		when you like something more than something else
constrain begynn å lære		to control and limit something
reciprocal begynn å lære		two people or groups of people who agree to help each other and give each other advantages.
to be devoid of something begynn å lære		be without something that is necessary
distaste begynn å lære		when you dislike something that is unacceptable
coefficient begynn å lære		a number that is written in front of and multiplies another number or symbol
framework begynn å lære		solid structure around which something can be built
suffice begynn å lære		to be enough
extenstion begynn å lære		adding something in order to make it longer
consistency begynn å lære		the fact that something is always happening in a similar way
axiomatic begynn å lære		obviously true
essence begynn å lære		the basic idea of something
appropriate begynn å lære		suitable for particular occasion
Multiperiod begynn å lære		"wielookresowy"
Implicit begynn å lære		suggested but not communicated directly
Risk-neutral begynn å lære		the concept of economics, when a person is indifferent to risk when making an investment decision
schocastic begynn å lære		connected with random probability
outside the scope begynn å lære		out of the interest, out of the range etc.
namely begynn å lære		it is used when you want to give more detail on something
nonindifferent begynn å lære		interested in something
Uncertainty begynn å lære		a situation in which something is unknown
Compound begynn å lære		something consisting of two or more different parts
thus begynn å lære		in this way
impose begynn å lære		to officially force a rule
establich begynn å lære		to start communicating with another person
axiom begynn å lære		a statement that is considered true by default
the aggregator function begynn å lære		it is a function where the values of multiple rows are grouped together to form a single summary value.
Denote begynn å lære		to represent something
exhibit begynn å lære		to show something publicly
Convex begynn å lære		curved
emerge as begynn å lære		to appear by coming out of something
Recursive begynn å lære		doing or saying the same thing several times in a row to cause some effect
Iterate begynn å lære		to repeat a process
Heuristic begynn å lære		is any approach to problem solving or self-discovery that employs a practical method that is not guaranteed to be optimal, perfect, or rational, but is nevertheless sufficient for reaching an immediate, short-term goal or approximation.
fluctuation begynn å lære		the process of changing
therefore begynn å lære		for that reason
trade-off begynn å lære		a situation in which you balance two opposing situations
factor begynn å lære		a fact or situation that influences the result of something
indirect begynn å lære		happening in addition to an intended result
deterministic begynn å lære		believing that everything that happens must happen as it does and could not have happened any other way
be endowed with something begynn å lære		to have a particular quality or feature
constant begynn å lære		happening all the time
derived begynn å lære		coming from or caused by something else
interest rate begynn å lære		the interest percent that a bank or other financial company charges you when you borrow money
parallel begynn å lære		the distance between them is the same all along their length
curvature begynn å lære		the state of being curved or bent
conjucture begynn å lære		a guess about something based on how it seems
interpretation begynn å lære		an explanation or opinion of what something means
gamble begynn å lære		to risk money
Propensity begynn å lære		the fact that someone is likely to behave in a bad way
lifespan begynn å lære		the length of time for which a person exists
Implication begynn å lære		the effect of some action that will affect something in the future.
foregoing begynn å lære		involving what has just been mentioned or described
substantial begynn å lære		large in size
equation begynn å lære		a mathematical statement in which you show that two amounts are equal
solely begynn å lære		only and not involving anyone or anything else
Magnitude begynn å lære		the large size of something
Notable begynn å lære		important and deserving attention
unambiguously begynn å lære		in a way which makes perfect sense
mean-preserving spread begynn å lære		is a change from one probability distribution A to another probability distribution B, where B is formed by spreading out one or more portions of A's probability density function while leaving the mean the expected value unchanged
clarify begynn å lære		to make something easy to understand
maintain begynn å lære		to continue to have
motive begynn å lære		a reason for doing something
remark begynn å lære		to give a thought of spoken sentence
variation begynn å lære		a change in amount or level
anomaly begynn å lære		thing that is different from what is usual
econometrician begynn å lære		someone who works with or studies econometrics
thereof begynn å lære		of or about the thing just mentioned
leisure begynn å lære		the time to relax, when you are not doing your duties
indubitable begynn å lære		that cannot be doubted
panacea begynn å lære		something that will solve all problems

non expected utility in macroeconomics

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