In realistic capital budgeting, headquarters should not naively apply the NPV rule because of information asymmetry.
在现实资本预算中,由于存在信息不对称,企业总部管理者并不简单地应用NPV规则。
youdao
Congress should experiment with regulatory cost budgeting in conjunction with other policies like rule and agency sunsetting.
FORBES: How About a Budget for Regulations?
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