Examlex
Which of the following is a characteristic of a good scientific theory?
Gains
Increases in economic benefits, such as profit, revenue, or utility, often resulting from investments, trade, or improvements in productivity.
Precommitments
Actions taken ahead of time that make it difficult for the future self to avoid doing what the present self desires. See time inconsistency and self-control problems.
Imposed Costs
Costs that are not chosen but are forced on a party, often by external factors or requirements such as government regulations, taxes, or fines.
Weight On Future
The importance or impact that future events or expectations have on current decision-making or attitudes.
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