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(I) Discounting procedures apply to decisions to invest in physical capital but are not relevant to human capital investment decisions. (II) Nonmonetary considerations are usually more important in human capital investment decisions than in nonhuman capital investment decisions.
Law of Segregation
A fundamental principle of genetics stating that during the formation of gametes, the two alleles responsible for a trait separate, allowing each parent to contribute one allele.
Law of Heredity
Describes the principles guiding how traits are passed from parents to offspring, traditionally referenced in the context of genetics and biological inheritance.
Uniformitarianism
The geological principle suggesting that the same processes and natural laws that operate in the universe now have always operated in the past.
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