It is commonly known that the money in hand today is more worth than the money of same amount in future. This idea is based on earning potential. This principle says that the money can earn interest and gradually can grow. Everyone knows the fact that the money deposited in bank account will earn interest. The time value of the money is a priori principle that a fixed amount of the money that is accessible today is more costly than the same amount of near future. This principle can be generalized for the economic resources available by social contract. We can ...
Discounting Research Papers Samples For Students
4 samples of this type
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Environmental Risk Perception
This article recognizes the changes in the environment, pollution and modern technologies and their impact for both human and nature. The people perceive these risks prompts the actions adopted in addressing such risks. The article provides various factors that have been proposed in providing explanation risks with the environment providing a discussion of the biases and heuristics. However, the perceptions have also been based on subjective judgements on risks and cognitive biases. The article also provides a discussion of the psychometric, model, which identifies the core features of risk underlying perceptions of risks. The explanation on environmental risks and perception is ...
Guillermo owns the Guillermo Furniture store, which is specialized in making high and mid-end grade furniture. The company faces foreign competition from a company that makes use of advanced technology to produce quality products at low process. This has necessitated Guillermo to study various approaches of making his enterprise profitable and have a competitive advantage, as well as maintain his market share. The store will either be managed through high-tech or become a broker, to achieve the aforementioned goal. The paper analyzes the various alternatives, which are available to Guillermo that includes sensitivity analysis.
The case presented is demonstrative of a typical ...
In “Mood States of Shoppers and Store Image: Promising Interactions and Possible Behavioral Effects,” Sherman and Smith (1987) evaluate the concept of consumer mood and how it pertains to their behavior in shopping. They used Mehrabian’s mood scale in order to measure the moods of the sample consumers in their study, as well as how they perceived the image of the store in order to see how it affected shopping behavior. The aim of this study was to provide market researchers with information on how to improve store image and consumer mood in a way that would increase sales ...