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What’s the greatest shortcoming of the human race? I’m sure we all have some suggestions, but according to physicist Albert Bartlett, it is “our inability to understand the exponential function.” ...
The exponential function is all about growth, and growth follows a logical curve. It can be linear or exponential. Linear is what children do as they grow in weight.
Exponential growth bias is the pervasive tendency to linearize exponential functions when assessing them intuitively. We show that exponential growth bias can explain two stylized facts in household ...
A PHASE relation familiar to students of applied mathematics exists between a simple harmonic oscillation and its derivative. Similar relations exist between exponential functions and their ...
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