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People become emotionally attached to these investments in a way they never would to a stock, and this leads them to make what the report artfully terms "suboptimal decisions about when to buy, sell, or how much to pay".
However, it is not as flexible and might lead to suboptimal decisions.
Moreover, minimizing costs or emissions for an entire service area may force individual suboptimal decisions.
Further reasons are suboptimal decisions during R&D and, too often, lack of adequate experience.
Architecture evaluation helps to uncover risks and suboptimal decisions before they cause tremendous cost and re-engineering efforts.
Our model shows that consumers with time-inconsistent preferences may well spend more than is optimal on food and, in consequence, make suboptimal decisions.
Similar(38)
Based on the performance analysis of a low complexity suboptimal decision rule, a gradient algorithm for optimization of the local decision/censoring threshold is derived.
A newly developed behavioral learning game involves the idea that players take reasonable strategies that may lead to suboptimal decision-making.
At the same time, the emergence of disutility costs derived from a suboptimal decision when accepting to interact with other users increments the dispersion between clusters.
By today's standards, this was obviously a suboptimal decision.
This may lead to suboptimal decision-making and may impair the acceptance of early assisted discharge.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com