In order to create value, companies must allocate their resources effectively and evaluate investment alternatives. This book examines, from a theoretical and e

This book presents a new approach to the valuation of capital asset investments and investment decision-making. Starting from simple premises and working logica

This book is devoted to investment decision-making under uncertainty. The book covers three basic approaches to this process: the stochastic dominance approach;

This book provides an introduction to investment appraisal and presents a range of methods and models, some of which are not widely known, or at least not well