๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Wealth maximization and judicial decision-making

โœ Scribed by Richard A. Posner


Book ID
116092712
Publisher
Elsevier Science
Year
1984
Tongue
English
Weight
411 KB
Volume
4
Category
Article
ISSN
0144-8188

No coin nor oath required. For personal study only.


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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