why are adaptive expectations inefficient
Adaptive expectations: assumes peoples' behaviour is totally correlated to past behaviour. History is the dominant factor in choice. Rational expectations: assumes people's behaviour is mostly correlated to acquisition and use of any information about the choice at hand. Rationality is the dominant factor in choice.
Rational expectation are expectation formed by individuals based on past experience and on their predictions about the effects of present and future policy actions. Adaptive expectations are based only on the past and expected inflation changes slowly. by marowe f.m.
An adaptive zone is an environment which allows the development of adaptive radiation.
Adaptive Radiation :)
Adaptive systems are ones that are continually changing to meet the demands of the environment. Non-adaptive systems do not change.
An adaptive enzyme is an enzyme which is present in a cell only under conditions where it is clear of adaptive value.
Adaptive Planning was created in 2003.
Non adaptive algorithm requires any changes to be made manually. Adaptive algorithms are able to make any changes automatically.
Robert K. Tyson has written: 'Principles of adaptive optics' -- subject(s): Adaptive Optics, Optics, Adaptive 'Astronomical adaptive optics systems and applications III' -- subject(s): Congresses, Adaptive Optics, Astronomical instruments, Imaging systems in astronomy, Design and construction 'Lighter side of adaptive optics' -- subject(s): Adaptive Optics, Humor, Imaging systems in astronomy, Optics, Adaptive
The Adaptive Ultimate was created in 1935-11.
Adaptive radiation is the term for biodiversity that results from few ancestral species.
An adaptive feature is a feature to help you adapt to the climate, the place or others