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The field of sketching interface design in regards to video game is relatively young and has not been investigated in great depth. Freepad is a custom paper-based MIDI musical interface. We describe an extension to Freepad that supports user customization for real time strategy games. Using only a webcam, a pen and a sheet of paper, players can design their own interface by drawing shapes and linking them to simple or complex actions in the game. In an user study, we use this extended Freepad to explore the potential of sketching interfaces in strategy video games. Our results indicate that using Freepad improves the efficiency of players and their enjoyment in this kind of games.
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In this note we reconsider in detail the proper discount rate for cash flows in perpetuity, the present value of tax savings and the calculation of terminal value. The note clarifies the use of real discount rates and concludes with a formulation that is inflation-neutral for a given assumption on the discount rate for the tax savings. We find that the only discount rate for tax savings that makes the value of the perpetuity inflation-neutral is Kd, the cost of debt. We also reconsider the intuitive approach to calculate the cost of capital for perpetuities from the nominal rates that compose that cost of capital, and then converting it into real cost of capital using Fisher relationship.
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This is to document the email correspondences with Prof. Peter M. DeMarzo (Stanford University) and Prof. Carlo Alberto Magni with regards to Average Internal Rate of Return in Dec 2015.
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Menggunakan informasi arus kas dan nilai kini dalam pengukuran akuntansi
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In this note we reconsider in detail the proper discount rate for cash flows in perpetuity, the present value of tax savings and the calculation of terminal value. The note clarifies the use of real discount rates and concludes with a formulation that is inflation-neutral for a given assumption on the discount rate for the tax savings. We find that the only discount rate for tax savings that makes the value of the perpetuity inflation-neutral is Kd, the cost of debt. We also reconsider the intuitive approach to calculate the cost of capital for perpetuities from the nominal rates that compose that cost of capital, and then converting it into real cost of capital using Fisher relationship.
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