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A definition of the rebound effect is provided by Thiesen et al. (2008) [1] as, “the rebound effect deals with the fact that improvements in efficiency often lead to cost reductions that provide the possibility to buy more of the improved product or other products or services.” A classic example from this perspective is a driver who ...
That is, the rebound effect is usually less than 100%. However, at the macroeconomic level, more efficient (and hence comparatively cheaper) energy leads to faster economic growth, which increases energy use throughout the economy. Saunders argued that taking into account both microeconomic and macroeconomic effects, the technological progress ...
The rebound effect, or pharmaceutical rebound phenomenon, is the emergence or re-emergence of symptoms that were either absent or controlled while taking a medication, but appear when that same medication is discontinued, or reduced in dosage. In the case of re-emergence, the severity of the symptoms is often worse than pretreatment levels.
Earlier this year, Comedy Central's Stephen Colbert interviewed Jim Cramer about market psychology against a video background of puppies and kittens. Did it help the market rebound from its March ...
William Stanley Jevons FRS (/ ˈ dʒ ɛ v ən z /; [2] 1 September 1835 – 13 August 1882) was an English economist and logician.. Irving Fisher described Jevons's book A General Mathematical Theory of Political Economy (1862) as the start of the mathematical method in economics. [3]
Rebound effect, the tendency of a symptom to return when a medication is discontinued or is no longer effective Rebound effect (conservation) , a reduction in expected gains from new technologies that increase the efficiency of resource use
Experimental economics is the application of experimental methods, including statistical, econometric, and computational, [139] to study economic questions. Data collected in experiments are used to estimate effect size, test the validity of economic theories, and illuminate market mechanisms. Economic experiments usually use cash to motivate ...
In light of the rebound effect, proponents of degrowth hold that the only effective "sustainable" solutions must involve a complete rejection of the growth paradigm and a move to a degrowth paradigm. There are also fundamental limits to technological solutions in the pursuit of degrowth, as all engagements with technology increase the ...