The standard approach to inventory policy ignores the effect of inflation. This paper investigates
a model that includes both inflationary trends and time discounting. The paper compares …

502 ment in the physical sciences is seldom attainable. There is a likelihood of a meas-urement
coinciding with the true state of nature, but it is more correct to speak of a probability …

The accounting profession has four basic choices available as to the method of accounting
for as-sets: D Use cost of acquisition.[3 Use value estimations. C] Use price level adjusted …

Fully updated and revised by international authorities on the topic, this new version of a
classic and established text returns to its roots as a clear and concise introduction to this …

A series of probabilistic models are formulated for the credit granting policy of a firm. First, a
single-period analysis is presented for the two-action problem, “give credit or do not give …

In a 1967 paper, Samuelson reviewed the conditions under which the meanvariance theories
are valid, and concludes with only a modest endorsement of the mean-variance approach:…

The Great Merger Wave of 1898-1902 had its roots in structural changes in American industry
during the previous decades. Beginning in the 1870s and accelerating in the 1880s, a …

… the 1929 stock market crash, Bierman refutes the popular belief that … The causes of the 1929
crash, Bierman argues, lie in an … This book extends Bierman's argument in an earlier book, …

There is broad consensus that three types of risk confront the potential bond purchaser: the
risk of default (possible interest and/or principal loss), the risk of interest rate changes (…

Share repurchasing does not possess the same general characteristics as other acts of
investment, eg, purchasing plant and equipment. Normal investments keep the size of the firm …