He says that profit maximization is important to shareholders ... Hart won the Nobel Prize in economics in 2016 for his work in contract theory and is the author of "Firms, Contracts, and ...
The files below use the Comparative Statics Wizard. The profit maximization problem is used as an example. The Comparative Statics Wizard is extremely flexible -- any problem solved by Excel's Solver ...
The theory is that decarbonization requires ... If firms focus on short-term profit maximization, they will have fewer incentives to pursue decarbonization. The ESG metric is a game changer ...