You can also model a population as consisting of many mixed subpopulations. What if you model companies as consisting of a large short-half-life population that are doomed to fail for structural or business model reasons, and a small long-half-life population that fails due to rarer issues in the wider world or institutional drift or bad fortune? Or a gradiation of different half lives?
You can also model a population as consisting of many mixed subpopulations. What if you model companies as consisting of a large short-half-life population that are doomed to fail for structural or business model reasons, and a small long-half-life population that fails due to rarer issues in the wider world or institutional drift or bad fortune? Or a gradiation of different half lives?