Economics, Econometrics and Finance
8 years ago

New methods for analysing investment programmes in uncertain environments revealed!

Springer texts in business and economics
Analysing Investment Programmes Under Uncertainty
Uwe Götze, Deryl Northcott, Peter Schuster

Paper Summary

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Investment decisions are tricky because of uncertainty. This article talks about how to analyze investment programs when there are many options and uncertain conditions. The researchers discuss methods for dealing with this complexity, like setting limits on the range of options. They also mention portfolio selection and flexible planning as important strategies.