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Basic level categories exhibit high within-category similarities and high between-category dissimilarities. Furthermore, the basic level is the most inclusive level at which category exemplars share a generalized identifiable shape. [6] Adults most-often use basic level object names, and children learn basic object names first. [6]
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
In cognitive psychology, a basic category is a category at a particular level of the category inclusion hierarchy (i.e., a particular level of generality) that is preferred by humans in learning and memory tasks.
000 Computer science, knowledge, and systems. 000 Computer science, information and general works; 001 Knowledge; 002 The book (writing, libraries, and book-related topics) 003 Systems; 004 Data processing and computer science; 005 Computer programming, programs, and data; 006 Special computer methods (e.g. AI, multimedia, VR) [4] 007–009 ...
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
Experimental economics is the application of experimental methods [1] 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 subjects, in order to mimic real-world incentives.
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Basic level categories tend to have the same parts and recognizable images. Clearly semantic models based on attribute-value pairs fail to identify privileged levels in the hierarchy. Functionally, it is thought that basic level categories are a decomposition of the world into maximally informative categories.