Suppose it costs a corporation an additional $500 in transactions costs to have two executives fly separately
Fantastic news! We've Found the answer you've been seeking!
Question:
Suppose it costs a corporation an additional $500 in transactions costs to have two executives fly separately rather than together. If they were both killed, they would lose $5 million in profits. Given that the probability of any single flight crashing is .000000432, should a risk neutral-firm separate the executives?
Related Book For
Posted Date: