In this paper the modelling of venture capital decision making is being attempted, using a multicriteria decision support system (the Minora system) based on the interactive use of the Uta ordinal regression model. First, a review of the literature on the evaluation criteria for venture capital...

This article provides an overview of the literature on the psychological value of time. It discusses various determinants of the discount rate and the possibility of hyperbolic discounting. The historical approach helps us to trace the origins of the concept of psychological value of time. This...