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  2. Coincidence of wants - Wikipedia

    en.wikipedia.org/wiki/Coincidence_of_wants

    All of these transactions entail an improbable coincidence of wants and events which can be resolved by the existence of a monetary medium. Metcalfe's law can be interpreted as a consequence of coincidence of wants, as n co-interacting individuals have n 2 opportunities to potentially satisfy the conditions of coincidence amongst themselves ...

  3. Determinism - Wikipedia

    en.wikipedia.org/wiki/Determinism

    The relation between events and the origin of the universe may not be specified. Causal determinists believe that there is nothing in the universe that has no cause or is self-caused . Causal determinism has also been considered more generally as the idea that everything that happens or exists is caused by antecedent conditions. [ 7 ]

  4. Want - Wikipedia

    en.wikipedia.org/wiki/Want

    In economics, a want is something that is desired. It is said that every person has unlimited wants, but limited resources (economics is based on the assumption that only limited resources are available to us). Thus, people cannot have everything they want and must look for the most affordable alternatives. Wants are often distinguished from needs.

  5. Hindsight bias - Wikipedia

    en.wikipedia.org/wiki/Hindsight_bias

    CMT can be caused by a discrepancy between a person's expectation of the event and the reality of an outcome. They consciously want to make sense of what has happened and selectively retrieve memory that supports the current outcome. This causal attribution can be motivated by wanting to feel more positive about the outcome and possibly themselves.

  6. Fatalism - Wikipedia

    en.wikipedia.org/wiki/Fatalism

    Destiny, painting by T. C. Gotch (1885–1886), Adelaide, Art Gallery of South Australia. Fatalism is a belief [1] and philosophical doctrine [2] [3] which considers the entire universe as a deterministic system and stresses the subjugation of all events, actions, and behaviors to fate or destiny, which is commonly associated with the consequent attitude of resignation in the face of future ...

  7. Yuanfen - Wikipedia

    en.wikipedia.org/wiki/Yuanfen

    The most common Chinese term for "fate" or "destiny" is mìngyùn (命運; 命运, literally "the turn of events in life"). " Providence " and " predestination " are not exact translations, because these words imply that things happen by the will of God or gods , whereas yuánfèn does not necessarily involve divine intervention.

  8. Destiny - Wikipedia

    en.wikipedia.org/wiki/Destiny

    Destiny, sometimes also called fate (from Latin fatum 'decree, prediction, destiny, fate'), is a predetermined course of events. [ 1 ] [ 2 ] It may be conceived as a predetermined future, whether in general or of an individual.

  9. Luck - Wikipedia

    en.wikipedia.org/wiki/Luck

    The philosopher Nicholas Rescher has proposed that the luck of someone's result in a situation of uncertainty is measured by the difference between this party's yield and expectation: λ = Y - E. Thus skill enhances expectation and reduces luck. The extent to which different games will depend on luck, rather than skill or effort, varies ...