Graves Frank C.; Bin, Zhou; Melvin, Brosterman; … - In: Journal of Business Valuation and Economic Loss Analysis 5 (2010) 1, pp. 1-22
Risk-adjusted valuation is well established in both theory and business practice. However, its implications are not always immediately apparent or intuitive in legal disputes such as breach of contract lawsuits. In particular, damages are often calculated by discounting the differences in cash...