Norman, Stephen; Schlaudraff, Jonathan; White, Karianne; … - In: The Journal of Economic Education 44 (2013) 1, pp. 58-63
In this article, the authors show that the dividend discount model can be derived using the basic intertemporal consumption model that is introduced in a typical intermediate microeconomics course. This result will be of use to instructors who teach microeconomics to finance students in that it...