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Satisficing is a decision-making strategy or cognitive heuristic that entails searching through the available alternatives until an acceptability threshold is met, without necessarily maximizing any specific objective. [1]
A linguistic theory that aims for explanatory adequacy is concerned with the internal structure of the device [i.e. grammar]; that is, it aims to provide a principled basis, independent of any particular language, for the selection of the descriptively adequate grammar of each language. [4]
If P is sufficient for Q, then knowing P to be true is adequate grounds to conclude that Q is true; however, knowing P to be false does not meet a minimal need to conclude that Q is false. The logical relation is, as before, expressed as "if P, then Q" or "P ⇒ Q". This can also be expressed as "P only if Q", "P implies Q" or several other ...
The broader the definition of a good, the easier it is for the good to have a substitute good. On the other hand, a good narrowly defined will be likely to not have a substitute good. For example, different types of cereal generally are substitutes for each other, but Rice Krispies cereal, which is a very narrowly defined good as compared to ...
Customer satisfaction is an ambiguous and abstract concept and the actual manifestation of the state of satisfaction will vary from person to person and product/service to product/service. The state of satisfaction depends on a number of both psychological and physical variables which correlate with satisfaction behaviors such as return and ...
The main purpose of the shift from benefit-detriment to bargain theory is to avoid inquiries into whether consideration is adequate. For example, if a person promised you their car for $1.00 because they needed to get rid of it, then the $1.00 might seem adequate.
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While Quality of Life (QOL) has long been an explicit or implicit policy goal, adequate definition and measurement have been elusive. Diverse "objective" and "subjective" indicators across a range of disciplines and scales, and recent work on subjective well-being (SWB) surveys and the psychology of happiness have spurred renewed interest. [12]