The fact that Europe is lagging behind in comparison with its main competitors in the research and innovation activities is generally known. In 2000 EU countries launching the Lisbon strategy linked with the opening of the European research area were expecting to do away with the remaining...

The qualitative changes in surroundings for companies operation are calling for necessity of assertion new tools and method, which will help to increase the quality of decision making and firm evaluation. To these tools belong scenarios and Monte Carlo simulation. The aim of the article is to...

At present time, when the rate of risk is increasing, achieving higher quality of investment decision-making by integrating risk and uncertainty factors could positively affect economical results and firm's prosperity. Firstly this article characterizes shortcomings of investment decision making...