Showing 1 - 10 of 206
, services, capital, knowledge, and to a smaller extent, people. Under the conditions of the actual existence of risk and … uncertainty, the Fondamenta of decision will assume a deep knowledge and timely two media inside and outside, where economic … agents conducted their business and streamline actions and human decisions consisting not only in risk avoidance and removal …
Persistent link: https://www.econbiz.de/10008753086
Making a decision is a complex process which must be based upon a method that is able to establish the optimum criteria … in choosing an alternative, in evaluating the main effects of implementing the decision which was taken and in estimating …
Persistent link: https://www.econbiz.de/10005790371
Decision making always and necessarily implies human actions, which, when facing an external event (information) must …
Persistent link: https://www.econbiz.de/10008544702
This paper deals with the use of the CAPM for capital budgeting purposes. Four different measures are deductively drawn from this model: the disequilibrium Net Present Value, the equilibrium Net Present Value, the disequilibrium Net Future Value, the equilibrium Net Future Value. While all of...
Persistent link: https://www.econbiz.de/10005055505
The assumption we submit, because macroeconomic forcasts would be unperfect, is that behavioral equations doesn't enough describe economic behaviours through the capacity of reaction opposite to environment. Further, the forcaster belongs to his search-system, so that, may be, we must now...
Persistent link: https://www.econbiz.de/10005836791
) CAPM capital budgeting decision-making based on disequilibrium NPV is deductively inferred by the Capital Asset Pricing … Model, (ii) the use of the disequilibrium NPV is widespread in finance both as a decision rule and as a valuation tool, (iii …’s (2005) project valuation method, on the basis of which Magni’s criticism to NPV is objected, leaves decision makers open to …
Persistent link: https://www.econbiz.de/10005836868
a field of tolerance (domain of performance, “margin for random effects”, etc.), with the risk relating to how to egress … later use just as the way the design project is pursued. The second section focuses on decision-making and how the various …
Persistent link: https://www.econbiz.de/10008871158
-if” utility theory to account for biases and deviations, and substantially more careful observation of successful decision makers … frequently put forward in behavioral economics to justify “psychological” models that add new parameters to fit decision outcome …-axiomatic approach to normative analysis focused on veridical descriptions of decision process and a matching principle – between …
Persistent link: https://www.econbiz.de/10008756521
Although the permanent diversification of international trade and the development of commercial transactions show the constant concern of entities working in this area to provide new ways of promoting foreign trade transactions, businesses that combine in a single transactional mechanism...
Persistent link: https://www.econbiz.de/10011108880
There are studies showing linkages between religious beliefs and health. The importance of religion on health has been examined by studies (Vaux 1976), the dietary beliefs in health and illness (Chan Ho 1985), the role of religion in morbidity and mortalitiy (Jarvis and North Cott 1987), the...
Persistent link: https://www.econbiz.de/10005789576