Family business disputes oftentimes uncover who is actually calling the shots and making a big difference in the profitability of a company. As described in previous Shareholder Rights blogs, the ...

The Internal Revenue Service has published revenue procedures setting forth the discount factors that property and casualty insurance companies can use for accidents and other types of claims this ...

That is the premise on which temporal discounting, a major tool in economic theory, is based on. If we want to compare present and future payoffs, we must account for the fact that we tend to value ...

NEW YORK — Consumers said they respond to stores that offer the service and selection they want — and not just discounts — even as they cut their spending this winter, retail industry experts said ...

The Journal of Business, Vol. 79, No. 2 (March 2006), pp. 941-961 (21 pages) In this paper, we construct a new variance bound on any stochastic discount factor (SDF) of the form \documentclass{aastex} ...

This paper deals with the first passage optimality and variance minimisation problems of discrete-time Markov decision processes (MDPs) with varying discount factors and unbounded rewards/costs. First ...