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There is no single best estimate of profits because different purposes require measures. For example, profits in national income should be different than profits in financial statements. But given these differences, there are certain economic standards that should apply to all profit measures....
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We consider n parties with n corresponding utility functions, denoted by u<sub>1</sub>,…,u<sub>n</sub>. Given a positive amount of money C, a fair split of C is a vector (c<sub>1</sub>,…,c<sub>n</sub>)∈R<sup>n</sup> such that c<sub>1</sub> ⋯ c<sub>n</sub>=C and u<sub>1</sub>(c<sub>1</sub>) = u<sub>2</sub>(c<sub>2</sub>) = ⋯ = u<sub>n</sub>(c<sub>n</sub>). In this paper we show the existence and uniqueness of a fair split to...
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crises as they prioritize growth over fairness and long-term viability. Nevertheless, the basic model-a peer …
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example, perceptions of fairness may influence a manager’s decisions, willingness to trade and thus the firm’s performance …, information asymmetry and perceived fairness) and then the influence of willingness to trade on company profit. Overall, we find … that transfer pricing methods, information asymmetry and perceived fairness influence willingness to trade and that …
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