Showing 1 - 10 of 31
Persistent link: https://www.econbiz.de/10011090291
Depreciation is not only a representation of the loss in asset-value over time.It is also a strategic tool for management and can be used to minimize tax payments.In this paper we derive the depreciation scheme that minimizes the expected value of the present value of future tax payments for two...
Persistent link: https://www.econbiz.de/10011090373
Persistent link: https://www.econbiz.de/10011090391
The paper deals with the issue of budget setting to the divisions of a company. The approach is quantitative in nature both in the formulation of the requirements for the set-budgets, as related to different general managerial objectives of interest, and in the modelling of the inherent...
Persistent link: https://www.econbiz.de/10011090567
player takes almost the whole surplus, provided uncertainty is small.If commitments concern only who makes the first offer …
Persistent link: https://www.econbiz.de/10011090638
Sensitivity analysis may serve validation, optimization, and risk analysis of simulation models.This review surveys classic and modern designs for experiments with simulation models.Classic designs were developed for real, non-simulated systems in agriculture, engineering, etc.These designs...
Persistent link: https://www.econbiz.de/10011090819
We present a definition of increasing uncertainty, independent of any notion of subjective probabilities, or of any … particular model of preferences.Our notion of an elementary increase in the uncertainty of any act corresponds to the addition of … dual definition of comparative aversion to uncertainty.We characterize this definition for a popular class of generalized …
Persistent link: https://www.econbiz.de/10011090841
This paper considers the problem of investment timing under uncertainty in a duopoly framework.When both firms want to …
Persistent link: https://www.econbiz.de/10011090852
The paper deals with division situations where individual claims can vary within closed intervals.Uncertainty of claims … generate several procedures leading to e .cient and reasonable rules for division problems under interval uncertainty of claims. …
Persistent link: https://www.econbiz.de/10011090921
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