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In the long run, exponential growth of any kind will overtake linear growth of any kind (that is the basis of the Malthusian catastrophe) as well as any polynomial growth, that is, for all α: = There is a whole hierarchy of conceivable growth rates that are slower than exponential and faster than linear (in the long run).
For example, with an annual growth rate of 4.8% the doubling time is 14.78 years, and a doubling time of 10 years corresponds to a growth rate between 7% and 7.5% (actually about 7.18%). When applied to the constant growth in consumption of a resource, the total amount consumed in one doubling period equals the total amount consumed in all ...
RGR is a concept relevant in cases where the increase in a state variable over time is proportional to the value of that state variable at the beginning of a time period. In terms of differential equations , if S {\displaystyle S} is the current size, and d S d t {\displaystyle {\frac {dS}{dt}}} its growth rate, then relative growth rate is
Half-life (symbol t ½) is the time required for a quantity (of substance) to reduce to half of its initial value.The term is commonly used in nuclear physics to describe how quickly unstable atoms undergo radioactive decay or how long stable atoms survive.
r = the population growth rate, which Ronald Fisher called the Malthusian parameter of population growth in The Genetical Theory of Natural Selection, [2] and Alfred J. Lotka called the intrinsic rate of increase, [3] [4] t = time. The model can also be written in the form of a differential equation: =
Understanding short-term vs. long-term bonds Bonds are insured with different maturity dates, or the length of time until you receive the bond’s face value back.
Therefore, the thermodynamic entropy, which is proportional to the marginal entropy, must also increase with time [8] (note that "not too long" in this context is relative to the time needed, in a classical version of the system, for it to pass through all its possible microstates—a time that can be roughly estimated as , where is the time ...
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