Seneca effect

The Seneca effect, or Seneca cliff or Seneca collapse, is a mathematical model proposed by Ugo Bardi that addresses a class of problems in nature in which decline is faster than growth.
Context and description.
This model is closely related to the work "The Limits to Growth" issued by the Club of Rome in the Seventies and its main application is to describe various kind of economics given the condition of a shortage of fossil fuels, e.g. in relation to the Hubbert curve. However, unlike the Hubbert curve, the Seneca cliff shows asymmetry, which can take into account the delay of effects, such as pollution.
The term is named after the Roman philosopher and writer Seneca, who wrote "Fortune is of sluggish growth, but ruin is rapid" (Lucius Anneus Seneca, "Letters to Lucilius", 91–63).
References.
https://books.google.ca/books/about/The_Seneca_Effect.html?id=F14yDwAAQBAJ&printsec=frontcover&source=kp_read_button&redir_esc=y