
Accession Number : AD0661824
Title : MATHEMATICAL PROGRAMMING AND CAPITAL BUDGETING UNDER RISK.
Descriptive Note : Research paper,
Corporate Author : PRINCETON UNIV N J ECONOMETRIC RESEARCH PROGRAM
Personal Author(s) : Klevorick,Alvin K.
Report Date : SEP 1966
Pagination or Media Count : 23
Abstract : The research discussed in this paper and the work of which it forms a part consitute another exception to the general stream of capitalbudgeting literature. The larger work is concerned first with decisionmaking under risk when the decisions and the risks extend over more than one period of time. Then capitalbudgeting under risk is studied as a particular example of such decisionmaking. This paper limits its concern to a discussion of a particular type of capitalbudgeting problem when risk exists. (Author)
Descriptors : (*DECISION MAKING, *PROBABILITY), (*MATHEMATICAL PROGRAMMING, DECISION MAKING), (*ECONOMICS, MANAGEMENT PLANNING AND CONTROL), BUDGETS, OPTIMIZATION, MATHEMATICAL MODELS, STOCHASTIC PROCESSES
Subject Categories : Economics and Cost Analysis
Operations Research
Distribution Statement : APPROVED FOR PUBLIC RELEASE