Definitions for default option
de·fault op·tion

Princeton's WordNetRate this definition:0.0 / 0 votes

1. default option, defaultnoun

   an option that is selected automatically unless an alternative is specified

WikipediaRate this definition:0.0 / 0 votes

1. default option

   The default effect, a concept within the study of nudge theory, explains the tendency for an agent to generally accept the default option in a strategic interaction. The default option is the course of action that the agent, or chooser, will obtain if he or she does not specify a particular course of action. The default effect has broad applications for firms attempting to 'nudge' their customers in the direction of the firm's optimal outcome. Experiments and observational studies show that making an option a default increases the likelihood that such an option is chosen. There are two broad classes of defaults: mass defaults and personalised defaults. Setting or changing defaults has been proposed and applied by firms as an effective way of influencing behaviour—for example, with respect to setting air-conditioner temperature settings, giving consent to receive e-mail marketing, or automatic subscription renewals.

ChatGPTRate this definition:0.0 / 0 votes

1. default option

   A default option is a pre-set course of action or a setting that is chosen automatically unless an alternative is specified by the user. This term is commonly used in computer programming, where it applies to the configuration values that are in place when a device is first activated or a program is launched. In the finance world, it refers to the option taken when a debtor is unable to meet their debt obligations.

Matched Categories

1. • Option

How to pronounce default option?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say default option in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of default option in Chaldean Numerology is: 9

2. Pythagorean Numerology

   The numerical value of default option in Pythagorean Numerology is: 5

Examples of default option in a Sentence

1. Mike Pompeo:

   To date the regime's default option has been violence, and we appeal to those in Tehran who see a path to a prosperous future through de-escalation to modify the regime's behavior, our restraint to this point should not be mistaken by Iran for a lack of resolve.

2. Garrett Marquis:

   The president has been clear, the United States does not seek military conflict with Iran, and he is open to talks with Iranian leadership. However, Iran's default option for 40 years has been violence, and we will protect U.S. personnel and interests in the region.

3. Christina Hennington:

   In order to enable a set of better choices, we feel like we need to make the healthy options the default option.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=default option
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Default_Option
3. ^ ChatGPT
   https://chat.openai.com