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Conflict and compatibility of wealth and welfare maximization

✍ Scribed by G. Franke


Publisher
Springer
Year
1975
Tongue
English
Weight
690 KB
Volume
19
Category
Article
ISSN
0340-9422

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Volume discount decisions: Wealth maximi
✍ Prafulla Joglekar; James M. Kelly πŸ“‚ Article πŸ“… 1998 πŸ› John Wiley and Sons 🌐 English βš– 67 KB

A recent paper finds that when volume discounts are available, in some cases, reliance on the Economic Order Quantity (EOQ) model can induce purchasers to make wealth reducing decisions, and the Present Value (PV) approach should be preferred. While this finding is theoretically correct, the magnitu