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A recent study by Payscale, which monitors trends in compensation, calculated the expected financial return from graduating from almost 1,500 institutions of higher education.
According to this model, people take jobs and decide how much effort to expend in those jobs based on their expected financial return.
Without Cablevision's subscribers, YES will be unable to sustain its advertising rates for Yankees games or deliver the expected financial return to its investors, including Goldman Sachs, which owns 40percentt of the network.
When the concept of crowdfunding emerged in the UK around six years ago (Kickstarter launched its UK site in early 2013), it was seen as more of a philanthropic affair rather than an investment opportunity, often supporting creative projects where there was no expected financial return.
Because the expected financial return from the spectrum is lower, so too is its value, says Greg Staple, a telecoms lawyer at Vinson & Elkins in Washington, DC.Although America was spared the mayhem of Europe's auctions, its design still had a few problems.
Financial intermediaries may have a superior capacity to assess the expected financial return on a particular loan or to aggregate a diversified investment portfolio, but only individuals know the subjective value they place on a particular product, and those values may vary significantly from one individual to another.
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Furthermore, expected financial returns and concerns about operations and maintenance are the main determining factors for the mode of adoption.
Commercially, the scale of the investment represented a significant risk, but the expected financial returns from the technology allowed the company to take this risk.
Even if companies create alignment on the problem statement, their time horizons for the innovation cycle and expected financial returns can be different.
While the company insists that it wishes to improve education outcomes for the poor, it doesn't flinch from the fact that it expects financial returns too.
In a letter to Columbia, Lenard I. Lesser, a Rochester medical student, said that Forest would not have paid for the conference unless it expected a financial return.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com