By analysing vast amounts of data, AI can identify patterns and trends that signal emerging challenges, such as declining ...
I believe the atypically high price realizations are the result of a broken market equilibrium, so let us begin by examining how it would work as a well-oiled machine and then discuss some of the ...
Picture: Rich Lam/World Rugby via Sportsfile There is a theory of evolution that scientists call punctuated equilibrium. It refers to periods of rapid change, where species change in the blink of ...
Equilibrium means ‘at rest’ or ‘a state of balance’ - i.e. a situation where there is no tendency for change. The concept is used in both microeconomics (e.g. equilibrium prices in a market) and also ...
Her research, which is based on the systems concept of punctuated equilibrium group development, found that the timing of when groups form and actually change the way they work is highly consistent.