Adaptation to Sensory Stimuli Is a Feature of Many Sensory

question 18

Essay

Adaptation to sensory stimuli is a feature of many sensory systems, and is evident in the way that the eyes adapt to dark rooms or how the ears adapt to loud sounds. Why is it beneficial for an organism to be able to adapt to extremes of stimuli intensity?

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Definitions:

Utility Function

A mathematical representation of a decision-maker's preference ranking for a set of outcomes or goods, reflecting their attitude towards risk.

Expected Utility

The anticipated value derived from an uncertain outcome, where utility represents a measure of relative satisfaction or benefit.

Indifference Curves

Graphical representations in microeconomics showing different bundles of goods between which a consumer is indifferent.

Risk-Averse Investors

Individuals or entities preferring to minimize financial risk, often choosing investments with lower potential returns to avoid loss.