(economics) The phenomenon that uncertainty about future prices can theoretically push rational consumers to temporarily trade away their preferred consumption goods (or currency) for non-preferred goods (or currency), as part of a plan to trade back to the preferred consumption goods after prices become clearer.

plural of twin paradox

(computing, robotics) The observation that, contrary to traditional assumptions, reasoning (which is high-level in humans) requires very little computation, but sensorimotor skills (comparatively low-level in humans) require enormous computational resources.

(probability) A problem within the classical interpretation of probability theory, illustrating how the principle of indifference may not produce definite, well-defined results for probabilities if it is applied uncritically when the domain of possibilities is infinite.

An apparent paradox within the subjectivistic interpretation of probability theory, in which two people wager over whose necktie is cheapest, with the owner of the more expensive tie giving it to the other. Taking the wager seems to be to the advantage of both people.

plural of clock paradox

plural of twins paradox

A choice problem designed to show an inconsistency of actual observed choices with the predictions of expected utility theory.

A paradox of choice in which people's decisions produce inconsistencies with subjective expected utility theory.

The objection that it should not be possible to deduce an irreversible process from time-symmetric dynamics.