Anomalies in Net Present Value, Returns and Polynomials, and Regret Theory in Decision-Making

• Κύριος συγγραφέας: Nwogugu, Michael C. I. (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: London : Palgrave Macmillan UK : Imprint: Palgrave Macmillan, 2016.
• Θέματα: Finance.; Business enterprises > Finance.; Corporations > Finance.; Investment banking.; Securities.; Economics, Mathematical.; Applied mathematics.; Engineering mathematics.; Investments and Securities.; Quantitative Finance.; Corporate Finance.; Business Finance.; Appl.Mathematics/Computational Methods of Engineering.

This book explores why Internal Rate of Return (IRR) and Net Present Value (NPV) are not necessarily accurate or efficient tools for valuation and decision-making. The author specifically addresses the discounting biases and framing effects inherent in the NPV/MIRR/IRR model and in related approache...

Πίνακας περιεχομένων:

• Chapter 1) Introduction
• Chapter 2) Spatio-Temporal Framing Anomalies in the NPV-MIRR-IRR Model and Related Approached, and Regret Theory
• Chapter 3) Regret Theory and Asset Pricing Anomalies in Incomplete Markets with Dynamic Un-aggregate Preferences
• Chapter 4) The Descartes Sign Rule and The Fourier-Budan Theorem are Wrong
• Chapter 5) MN-2 Invariants and Homomorphisms for Solving Polynomials; and Anomalies in The Binomial Theorem And The “Fundamental Theorem Of Algebra
• Chapter 6) The Historical And Current Concepts Of “Plain” Interest Rates and Forward Rates are, or Can Be, Misleading
• Chapter 7) On Algebraic Anomalies in Polynomials and Net Present Value Decisions
• Chapter 8) Some Biases And Evolutionary Homomorphisms Implicit in The Calculation Of Returns
• Chapter 9) Conclusion
• Chapter 10) References.