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In economics a trade-off is expressed in terms of the opportunity cost of a particular choice, which is the loss of the most preferred alternative given up. [2] A tradeoff, then, involves a sacrifice that must be made to obtain a certain product, service, or experience, rather than others that could be made or obtained using the same required resources.
The Williamson tradeoff model is a theoretical model in the economics of industrial organization which emphasizes the tradeoff associated with horizontal mergers between gains resulting from lower costs of production and the losses associated with higher prices due to greater degree of monopoly power.
Researchers in political economy have viewed the trade-off between military and consumer spending as a useful predictor of election success. [1] In this example, a nation has to choose between two options when spending its finite resources. It may buy either guns (invest in defense/military) or butter (invest in production of goods), or a ...
Journal of Financial Economics 85.1 (2007): 123-150. Lettau, Martin, and Sydney Ludvigson. "Measuring and modeling variation in the risk-return tradeoff." Handbook of Financial Econometrics 1 (2003): 617-690. Ghysels, Eric, Pedro Santa-Clara, and Rossen Valkanov. "There is a risk-return trade-off after all."
Energy Consultants with Charles River Associates (CRA) Release Study on the Economic Trade-Offs between LNG Exports and Manufacturing in the US Economy BOSTON--(BUSINESS WIRE)-- Charles River ...
The principle of requiring "reasonably practicable" precautions in occupational health and safety recognises that such trade-offs must exist to allow economic activity to proceed, and puts the onus on the employer to assess the risk and take those precautions. [5]
Trade-offs: Giving up private office space, cable TV and phone lines. Rhiannon Dodds Funke said she and her husband have nearly $1 million in student loan debt. Dodds Funke is a law school ...
In economics, the market mechanism is a mechanism by which the use of money exchanged by buyers and sellers with an open and understood system of value and time trade-offs in a market tends to optimize distribution of goods and services in at least some ways.