Compared to the static optimal contracts, the dynamic ones are much more complex and will be affected by the value of discount factor.
与静态最优合约相比,动态最优合约形式更为复杂,并且可能受到贴现因子的影响。
参考来源 - 内生信息结构下的激励性规制理论研究·2,447,543篇论文数据,部分数据来源于NoteExpress
Present value(PV) = discount factor * C1
现值(PV)= 贴现因子 * C1
The actuarial formula of pure premium of the whole life insurance is discussed, as discount factor is random.
在贴现因子为随机的条件下,给出终身寿险纯保费的精算公式。
The grant element of 35.59% on the above credit facility was calculated using a differentiated discount factor of 5.91% value September 30th, 2011.
上述有关信贷机构的35.59%赠与比例(赠与率)是使用2011年九月三十日的数值为5.91%差异化贴现率(差异化折现因子)来计算。
应用推荐