Tag: Time Horizon

  • Time Horizon

    Time Horizon

    Time Horizon, a concept spanning various fields, refers to the duration over which decisions and investments remain relevant. It plays a crucial role in strategic planning, influencing risk management and long-term goal setting across different cultural and societal contexts.

  • Hysteresis


    Hysteresis describes systems where the current state is shaped by both past and present influences. Notable for its path dependence and non-linearity, the concept is particularly relevant in disciplines such as material science, engineering, and economics.