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The exponential function

The exponential function maps the real line (from minus infinity to plus infinity) to the range zero to plus infinity in a monotonically increasing manner. It is normally encountered in modelling when the argument is a negative number mapped from a finite positive number to zero in a monotonically decreasing manner.

History

2000 BC Babylonians? Compound Interest
1840 AD Farr Farr's Law
1927 AD Kermack & McKendrick Standard SIR model
1963 AD Mandlebrot Cotton prices
1973 AD Black, Scholes & Merton Black-Scholes
2024 AD Mason Minimal SIR model