Affective forecastingAffective forecasting (also known as hedonic forecasting, or the hedonic forecasting mechanism) is the prediction of one's affect (emotional state) in the future. As a process that influences preferences, decisions, and behavior, affective forecasting is studied by both psychologists and economists, with broad applications. In The Theory of Moral Sentiments (1759), Adam Smith observed the personal challenges, and social benefits, of hedonic forecasting errors: [Consider t]he poor man's son, whom heaven in its anger has visited with ambition, when he begins to look around him, admires the condition of the rich .
AutotransformerAn autotransformer is an electrical transformer with only one winding. The "auto" (Greek for "self") prefix refers to the single coil acting alone, not to any kind of automatic mechanism. In an autotransformer, portions of the same winding act as both the primary winding and secondary winding sides of the transformer. In contrast, an ordinary transformer has separate primary and secondary windings which have metallic conducting a magnetic core, conducting magnetic flux path between them.
