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Tradeoffs are important in engineering. For example, in electrical engineering, negative feedback is used in amplifiers to trade gain for other desirable properties, such as improved bandwidth, stability of the gain and/or bias point, noise immunity, and reduction of nonlinear distortion. Similarly, tradeoffs are used to maximize power ...
The model was first presented by Oliver Williamson in his 1968 paper "Economies as an Antitrust Defense: The welfare tradeoffs" in the American Economic Review. [2] Williamson argued that ignoring efficiencies that may result from proposed mergers in antitrust law "fail[ed] to meet the basic test of economic rationality". [3]
Examples of tradeoffs can also be found in studies involving human subjects. A tradeoff can be seen between growth and immune function in human populations in which energy is a limiting factor. A study conducted on rural Bolivia found that children experiencing an elevated immune response had smaller gains in height than those with a normal ...
Here are some of the common tradeoffs that parents are considering: Tradeoff #1: Embracing a suburban lifestyle for better schools ... Tradeoff #3: Giving up splurges to build savings
Biological usage of time–memory tradeoffs can be seen in the earlier stages of animal behavior. Using stored knowledge or encoding stimuli reactions as "instincts" in the DNA avoids the need for "calculation" in time-critical situations. More specific to computers, look-up tables have been implemented since the very earliest operating systems.
As the debt equity ratio (i.e. leverage) increases, there is a trade-off between the interest tax shield and bankruptcy, causing an optimum capital structure, D/E*.The top curve shows the tax shield gains of debt financing, while the bottom curve includes that minus the costs of bankruptcy.
For example, beginning in January 2025 there will be a $2,000 cap on what Medicare enrollees must pay out of pocket for prescription drug costs. ... (CRR) cited data on the various cost tradeoffs ...
In macroeconomics, the guns versus butter model is an example of a simple production–possibility frontier. It demonstrates the relationship between a nation's investment in defense and civilian goods. The "guns or butter" model is used generally as a simplification of national spending as a part of GDP. This may be seen as an analogy for ...