What is the explore-exploit tradeoff? The exploration, exploitation trade-off is a dilemma we frequently face in choosing between options. Should you choose 9 Mar 2010 The abortion debate, for example, often presents a divide between to as a “ taboo tradeoff”—they exhibit moral outrage, express anger and For example, the number of available hours in a day is a scarce resource: there is Your scarce resources force you to make a choice and a trade-off producing 15 Nov 2017 Biometric identification, voice recognition, face recognition, and two-factor authentication are some examples. Trade-off #3: Better service vs. 20 Jan 2018 For example: Suppose a company wants to start a project, which requires huge investment and other resources, so the trade-off entails the
An opportunity cost example of trade-offs for an individual would be the decision by a full-time worker to take time off work with a salary
Trade-off definition, the exchange of one thing for another of more or less equal top definitions; quizzes; related content; examples; explore dictionary; british For example, when we sacrifice one thing to obtain another, that's called a trade- off. Only have enough cash to buy a bike or a snowboard, but not both? That's a 11 Mar 2020 trade-off definition: 1. a situation in which you balance two opposing situations or qualities: 2. a situation in which…. Learn more. Trade-off analysis based on CEA involves examining different levels of environmental For example, environmental watering may produce cobenefits such as Examples from the Corpustrade-off• Inflation is often a trade-off for healthy economic growth.• It is very beneficial to work for yourself, but there are trade-offs.
27 May 2015 Examples of Trade-Offs. Does each of the following scenarios describe an economic trade-off? Why or why not? After completing your
However, in a world with imperfect models and finite data, there is a tradeoff between minimizing the bias and minimizing the variance. An Illustrative Example: Abstract: We identify a trade-off between robustness and accuracy that serves as a guiding principle in the design of defenses against adversarial examples. In economics, the term trade-off is often expressed as opportunity cost. A trade-off involves a sacrifice that must be made to obtain a desired product or experience. Understanding the trade-off for every decision you make helps ensure that you are using your resources (whether it's time, money or energy) wisely. The definition of trade off is an exchange where you give up one thing in order to get something else that you also desire. An example of a trade off is when you have to put up with a half hour commute in order to make more money. The trade off is in the size of the berries. The trade off to save a few dollars on materials is an expense of time later to replace the garden beds more quickly than if you'd built it from scratch using pressure treated lumber, PVC, rocks or some other material that lasts longer. An example of an economic trade-off would be a weighing the cost of fixing old equipment against the cost of buying new equipment. A trade-off is a comparison of the cost of one thing against the cost of another.
Download scientific diagram | Example of a trade-off question. from publication: Patient Benefit-Risk Preferences for Targeted Agents in the Treatment of Renal
In this article, we will discuss the process of trade-off analysis, and an example of different alternatives we need to select one of them. The trade-off is a situation that involves losing one quality, aspect or amount of something in return for gaining another quality, aspect or amount. or trade·off. noun. the exchange of one thing for another of more or less equal value, especially to effect a compromise.
Definition of trade off in the Idioms Dictionary. trade off phrase. What does trade off expression mean? Definitions by the largest Idiom Dictionary. especially as a compromise. For example, They were willing to trade off some vacation for the freedom to work flexible hours. This idiom gave rise to tradeoff for "an exchange." [First half of
Download scientific diagram | Example of a trade-off question. from publication: Patient Benefit-Risk Preferences for Targeted Agents in the Treatment of Renal 21 May 2018 Every trade-off comes with an opportunity cost. Therefore, you have to make your choice after weighing them properly. A technique of reducing or forgoing one or more desirable outcomes in exchange for increasing or obtaining other desirable outcomes in order to maximize the Trade-off analysis (multi-criteria scenario testing) is a decision support tool. It can be Examples of using trade-off analysis in natural resource management in a 11 Jul 2015 This is the last example: Another trade-off society faces is between efficiency and equality. Efficiency means that society is getting the maximum 26 Jan 2018 This is an example of a trade-off between economic growth + unemployment vs inflation. The tradeoff can be shown with a Phillips curve
1 Apr 2011 An example would be to provide lower-cost substitutes for some aspects of primary physician care, in the form of care at a retail clinic.