منابع مشابه
Accounting Discretion
This study investigates the factors affecting acquirers’ allocation of purchase price between goodwill and identifiable intangible assets with finite lives. SFAS 142 replaces goodwill amortization with periodic impairment tests that are based on fair value estimates, while most identifiable intangible assets are still amortized over finite useful lives. As a result of the differential accountin...
متن کاملThe Illusion of Discretion
Discretion is the thesis that if one has sufficient evidence for p, it is epistemically permissible for one either to believe p or be agnostic on whether p. This paper argues that Discretion is not as obvious as many assume—indeed, that it is false. §1 observes that Discretion is not supported by the fact that we lack positive epistemic duties to take doxastic stances on propositions. §2 consid...
متن کاملDiscretion, Rules, and Volatility
E conomic models with multiple equilib-ria, such as Diamond and Dybvig (1983), have become increasingly useful in analyzing volatility in financial markets and in business cycles. In many of these models, indeterminacy is a result of incomplete financial markets or technological nonconvexities. Here we identify economic policy discretion to be another distinct cause of indeterminate equilibrium...
متن کاملThe Illusion of Discretion
Recent writers have invoked the idea that epistemic rationality gives us options in an attempt to show that we can exercise direct doxastic control without irrationality. Speci cally, they suggest that when the evidence for p is su cient but not conclusive, it would be rational either to believe p or to be agnostic on p, and they hold that we can in these cases e ectively decide to form either ...
متن کاملRegulatory Discretion and Compliance
This paper provides an empirical framework to evaluate regulatory discretion and apply it to California water quality regulation. We identify and estimate an adverse selection model of the regulator-discharger interaction to measure the extent to which the regulator’s environmental preferences and administrative or political costs affect penalties and compliance. We find that if the regulator p...
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ژورنال
عنوان ژورنال: American Journal of Orthodontics and Dentofacial Orthopedics
سال: 2019
ISSN: 0889-5406
DOI: 10.1016/j.ajodo.2019.01.006