0 the ability to know or judge what will happen or what you will need in the future -- ileri görüş, sezgi
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.
