How do Japanese households make consumption decisions? This book uses “life cycle theory” to analyze, from a consistent perspective, various phenomena related to consumption in Japan, such as the ...

Franco Modigliani was an Italian-American economist known for his work in macroeconomics and corporate finance. What is the Life-Cycle Theory? The Life-Cycle Theory, proposed by Modigliani, is an ...

The number of sales and the length of a product life cycle might be different for different products but all products share a general pattern of growth and decline. This cycle can be shown on a ...

A new scientific study published in the journal Foresight concludes that human civilisation is on the brink of the next ‘giant leap’ in evolution. However, progress could be thwarted by centralised ...