RP Fox
A brief critical history of NPV: is it the basis for project evaluation?
Fox, RP
Authors
Abstract
The rationale for using NPV for project evaluation appears weaker than ever. Authoritative texts in attempting to extend NPV by the inclusion of options, strategy and games far from enriching the model present evermore loosely argued rationales that are becoming contradictory. A brief review helps to understand how this state of affairs has arisen and how future analysis might develop.
Citation
Fox, R. (2008, April). A brief critical history of NPV: is it the basis for project evaluation?. Presented at BAA Conference, Blackpool, UK
Presentation Conference Type | Other |
---|---|
Conference Name | BAA Conference |
Conference Location | Blackpool, UK |
Start Date | Apr 1, 2008 |
End Date | Apr 3, 2008 |
Deposit Date | May 14, 2010 |
Publicly Available Date | May 14, 2010 |
Keywords | Discount Cash Flow, Net Present Value, Real Options, Strategy, Textbooks. |
Additional Information | Event Type : Conference |
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