41x from fiscal 2017 to fiscal 2025, with the expected payoff
in October 2025, 19 years ahead of final maturity in 2044.
The risk-neutral union maximizes its expected utility by maximizing its expected payoff
Accordingly, a firm's expected payoff
from the competition would be different and thus yield different outcomes in the market.
0]) be the firm's expected payoff
yielded by the optimal contract, given that the initial state of the economy is [[theta].
It is shown that the parties expected payoffs
can be higher in the second case.
Because creditors increase their expected payouts if the going concern of the firm is maximized in the event of failure, structuring the firm in a way that makes it easy to resolve will increase the liquidation value of the firm, and hence the expected payoff
to creditors in the event of failure.
This is done in the following three tables, which allow us to write the expected payoffs
of the Fund and of private lenders.
Period I of Table III presents a noisy estimation as the pricing model includes offer terms that have not yet been announced and, therefore, assumes an expected payoff
structure that is likely not yet anticipated.
Employees choose the payment compensation for councilor such that maximizes the expected payoff
of the (N - 1) workers subject to the participation of the councilor and the incentives constraints to collude with management.
Why consumers shouldn't expect companies to be perfect Companies engage selectively with CSR issues based on their priorities and the expected payoff
, says marketing professor Americus Reed.
Using the evolutionary game model, the expected payoff
of operator 1 selecting high price strategy is given:
The reason B is preferred to A is clear if one considers that the expected payoff
of A will only obtain under repeated trials--something precluded in the game as played.
Others might follow a scientific approach and estimate the probability that a given outcome might happen, and then pick the decision that optimizes the expected payoff
With the IRR of 43%, at least for the time being, the expected payoff
from the project looks encouraging with potentially high value-enhancing effect.
Retiring this financing, prior to its expected payoff
in late 2013, will reportedly allow Target to market the portfolio when the company resumes partner discussions later in 2012.