Option
in sentence
1784 examples of Option in a sentence
For example, in deciding how their pension savings will be allocated, most people simply choose the default
option
in their employer-offered plan.
Often, the default
option
is unsuitable for most individuals – for instance, it typically allocates all savings to low-return money-market funds.
Sunstein and Thaler would have the employer choose a default
option
that works for most people, such as 60% in equities, 30% in bonds, and 10% in money-market funds.
The libertarian part is that the employee has the right to opt out of the default
option.
Because people rarely move away from the default option, the employer’s paternalistic choice prevails, and we get libertarian paternalism.
One response is to point out that most plans already have a default
option
that determines savings allocations.
Sunstein and Thaler merely say that the default
option
should be set in a way that is good for people, and clearly they have an idea of what is good.
In choosing the default option, the government or the employer nudges all employees into prevailing fads such as “buy equity for the long run.”
This, they believe, is better than the current typical default
option
of putting individuals’ money into money-market funds.
What if there were no default option, and individuals were sent repeated, and increasingly urgent, reminders to choose an allocation if they did not choose one already.
But, because this “nuclear option” requires a unanimous vote by all EU member states, everyone knows that it will never be used.
The first
option
would require coercion, and – since countries will not accept that others should gain a competitive edge – an international agreement to forego the benefits that genetic enhancement can bring.
The second option, universal access, would require an unprecedented level of social assistance for the poor, and extraordinarily difficult decisions about what to subsidize.
In fact, the “no” campaign’s victory might have been even more resounding if the Westminster establishment’s desperate, last-minute offer to grant Scotland more powers on taxation, spending, and welfare had been included as an
option
in the ballot.
And perhaps that is why federal arrangements like those in Australia and Canada – essentially what Westminster grudgingly offered Scotland – could be their best
option.
This gap can be explained largely by students’ belief that a career in technology is not a viable
option
– a view that is particularly prevalent among women.
That Americans are willing to pay this suggests that the
option
value exceeds the costs.
But there is little doubt that the
option
value has been greatly impaired and will likely remain so for several years.
Mashal has more than one
option.
The challenge for Ethiopia – and for other African countries – is to raise its status from sourcing
option
to business priority.
One
option
is to expand the availability of modular short courses, which take less time, train for specific tasks rather than entire jobs, and are more manageable for entrants who need, first and foremost, to earn money.
Will it seek full access to the single market (the Norwegian option), or to part of it (the Swiss option)?
Or will it go for the Canadian low-tariff option, or just trade with Europe on the same terms that all World Trade Organization members do?
In theory, the Norway
option
– membership of the European Economic Area – could be stretched to include a Liechtenstein-type protocol on limiting residency permits, or involve use of the EEA’s safeguard clause, which might allow restrictions on migration if inflows rose too quickly.
There is one way to lessen uncertainty and risk: The government should quickly announce that it will be negotiating with the EU on the basis of the Norway
option
of membership of the EEA.
An exit from the eurozone may be at this point the only realistic
option
for recovery.
For the moment, the eurozone may well have reached the point where an amicable divorce is a better
option
than years of economic decline and political acrimony.
The ambassadors considered the expert evidence and debated the pro and cons of each
option
before putting together a prioritized ‘to do’ list of solutions to the world’s greatest challenges (See List).
But while any couple would prefer to conceive a child without the intervention of doctors, that
option
is not available for infertile couples.
So, despite China’s predilection for aloofness, cooperation is not merely an option, but a necessity.
Back
Next
Related words
Would
Which
Their
Other
There
Countries
Could
Should
Second
While
Military
People
Given
Third
Viable
Better
Policy
Nuclear
Government
Political