The question, “Is the market objectively overvalued?” is misguided for the following reasons: The plurality of objective values. Intrinsic value is real, and it can be determined objectively—given ...

The cost-effectiveness watchdog Institute for Clinical and Economic Review (ICER) said two years ago that rheumatoid arthritis drugs like AbbVie’s top-selling TNF inhibitor Humira aren’t worth their ...

Pricing isn’t driven by averages; the highest-cost marginal customer sets market price. Identify your “last unit” and price around scarcity, not typical user behavior. Setting the price for your ...

The EU has taken action as power prices have have spiked in line with gas prices this year. Viktollio / Shutterstock A key feature of liberalised power markets is marginal cost pricing. Gas-fired ...