Sentences with phrase «second order effects»

You need to learn to think about second order effects.

And unlike the idea was small but «contained,» in this case, large second order effects aren't there.

The debate is really just about second order effects.

That said, projects can be put on hold, realizing that growth will suffer; this can be a «choose your poison» type of situation, because it might cause the stock price to fall, with unpredictable second order effects.

A Rational Man: And what about the unknowable second order effects, or third order effects, or x order effects?

Intelligent ideas for change consider second order effects at minimum.

Of course where this differs from a true Boltzmann relationship is the presence of non-linear effects, thresholds, phase changes and complex second order effects that I referred to in my post.

We can break the problem of temperature sensitivity to Co2 levels into two pieces — the expected first order impact, ahead of feedbacks, and then the result after second order effects and feedbacks.

SM says «The next question is balance of evidence for the tough second order effects (feedbacks).

The Fed needs more disagreement, and more original thought generally, even if it is wrong original thought, just to challenge the prevailing orthodoxy, and force them to think through what are complex decisions that might have unpredictable second order effects.

If changing a company's forecast tax rate from 35 % to 21 % is a first order effect on earnings, what remains to be appreciated are the second order effects: the effects of the tax cuts on corporate and consumer behavior.

These second order effects may well play out throughout 2018.

Sin taxes are designed to raise revenue, in order to offset costs, with a second order effect trying to effect action.

Access to imports is the most important part of trade, the part that will make citizens wealthier - people to export to is a second order effect.

It'll be interesting to see if the market is getting those second order effects correct.

Where I differ with many permabears is that I am usually unwilling to extend my logic to second order effects.

Or, consider the second order effects that our monetary policy creates: the weak dollar and the responses that foreign governments must follow: let their export sector wither, or follow US policy down, and accept more inflation.

I don't think they will stop paying bondholders, but the second order effects of closing down large portions of the government are uncertain.

«@Borderscrossed I am just saying 4 all legislation consider the second order effects; never act in heated emotion, consider all effects $ $ Dec 15, 2012

Second order effects of opening: Institutional market development, financial market development.

In the same way, most individual debts are reasonable and justifiable, but when debt becomes a pervasive part of the economic system, the second order effects kick in:

It seems to me that when one has strong reason to suspect that one does not understand the most important factor in a situation (ice dynamics here), then quoting a quantitative value and a quantitative error range for all the second order effects which one does understand is singularly pointless.

What do we mean by first and second order effects?

The answer, of course, is the second order effects or feedbacks.

The second order effects are the gravity and friction and the shape of the bowl, which will cause the ball to reverse directions, roll back through the middle, etc., causing it to oscillate around until it eventually loses speed to friction and settles to rest approximately back in the middle of the bowl where it started.

These are the first order effects, where a second order effect is that cloud cover eclipses or reveals surface albedo, so a net albedo effect is important.

Sometimes this effort, however right, or well - intended, would lead to the second order effect of «over-lawyering» and the undesirable reputation as the «business prevention department.»