Sentence examples for Dynamic inconsistency from inspiring English sources
Models of dynamic inconsistency in monetary policy and the need for central bank independence and commitment to nominal targets apply even more strongly to developing countries.
First, we independently derive the retailer's optimal ordering policy and retail pricing policy for two products and identify the dynamic inconsistency phenomenon in the retailer's optimal retail pricing policies.
We demonstrate that the authority faces a dynamic inconsistency problem that leads to welfare losses, but these losses can be kept small if the authority is endowed with an optimally designed mandate.
A robust feature of human intertemporal choice is dynamic inconsistency; people are especially delay-averse as the prospect of gratification becomes more immediate.
Therefore, in hyperbolic discounting, subjects underestimate their future impulsivity, resulting in preference reversal as time passes (also referred to as dynamic inconsistency, see Appendix I) [ 6, 7].
The planner explained in "Planner module" section supports dynamic re-planning, which means, if inconsistency is met, re-planning can take place, taking into account current information.
His dynamic playmaking ability could not outweigh inconsistency from the perimeter in workouts.
An analysis of dynamic response highlighted the amplitude and phase inconsistency between neighbor layers during the vibration process, which is considered the main cause of delamination failure.
With the exception of a Week 1 eruption against Buffalo, the Jets' offense has been neither diverse nor dynamic, a reality steeped in injuries and inconsistency — neither of which has ensnared Tebow.
Contributing to these inconsistencies are tumor growth's dynamic nature, compensatory mechanisms, CAF production by healthy cells, and PK variability.
In existing multi-scale approaches, where the individual representations are stored independently from each other, there is a high risk of creating inconsistencies, in particular in the highly dynamic collaborative planning context.
