But none have been as popular as modern portfolio theory (MPT). Here, we look at the basic ideas behind MPT, its pros and cons, and how it should factor into your portfolio management. Modern ...
Control theory is a branch of mathematics and engineering, which defines the conditions needed for a system to maintain a controlled output in the face of input variation. Classically developed ...
However, before the germ disease theory was developed, most people believed that the plague spread through noxious air, or miasma, that emanated from rotting organic matter. This theory known as ...
For centuries the prevailing view had been that contagious diseases such as cholera and bubonic plague were caused by impurities in the air, the so-called miasma theory. The germ theory hadn’t ...
The two species began burying their dead at roughly the same time and place. Now some archaeologists think competition may have played a role in burials. Decades ago, Neanderthal burials at ...
Widely regarded as one of the most influential management experts in the early days of classical management theory, Mary Parker Follett used psychology and human relations within industrial management ...
“The only freedom which deserves the name, is that of pursuing our own good in our own way, so long as we do not attempt to deprive others of theirs, or impede their efforts to obtain it.” “The ...
Management theory conceptualizes tools, frameworks and guidelines to motivate employees and accomplish goals. Frederick Taylor, an American mechanical engineer in the late 1890s and early 1900s, ...
The theory of human capital is relatively new in finance and economics. It states that companies have an incentive to seek productive human capital and to add to the human capital of their ...