Hyperbolic Discounting Tag

Hyperbolic Discounting and Intangible Capital

01 Oct, by Knowledge Leaders Team in Knowledge Leaders

For most investors, investments in research and development (R&D) and investments in other intangible assets such as brand building, employee training and codified information are overlooked and misunderstood. Current business accounting standards contribute to this misunderstanding by treating intangible investments as current period expenses rather...