How to pronounce“heterogeneity”in English
So, it actually applies to not just consumers' choices, but also adopting solar panels, is that because of information friction or is that because of some other
heterogeneity in discount rates or something like that, that explains people's different choices.
So that is why understanding what drives this absolute heterogeneity in people's actions is really important.
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Definitions of “heterogeneity”
Diversity
“Higher minimum rates might be necessary to limit heterogeneity in rates and reduce transshipment.”
A composition of diverse parts.
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