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A function encoding how capital behaves over time in terms of period (recurrence interval), phase (timing within cycle), and amplitude (quantum of capital). Raw capital-cycle functions contain both mission-compatible and fragility-driven spectral components.
A climate agency's capital-cycle function might show strong 1-year components (budget cycles) and weak 10-year components (pump replacement cycles)âthe spectral signature reveals misalignment with physical infrastructure needs.
OAIA Section 2.1