0 the ability to judge correctly what is going to happen in the future and plan your actions based on this knowledge:
1 the ability to judge correctly what is going to happen:
[ + to infinitive ] She had the foresight to sell her house just before prices came down.
The moral significance of the intending-foreseeing distinction requires more than the mere functional role of intention and foresight.
They assumed perfect foresight, perfect markets, and "helicopter drops" of money to cheering households.
In the experimental model, we assume that landowners have no foresight and that leads to slightly higher costs.
In this analysis, output shocks are deterministic rather than stochastic, and thus the assumption of rational expectations of the wage setters implies perfect foresight.
Under perfect foresight, we do not need to draw a distinction between past realized gross rates of return and future expected rates of return.
Given this lack of foresight or commitment, households tend to save less than is optimal, and thus government intervention may improve welfare.
Have they by some miraculous instinct or foresight set apart in each of them a common place of residence?
Lack of institutional foresight is also one of the key challenges for the wider agenda of sustainable development.
