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Author:Zinkhan, F.
Zinkhan, G.
Title:An application of conjoint analysis to capital budgeting The case of innovative landmanagement systems
Journal:Managerial Finance
1994 : VOL. 20:7, p. 37-50
Index terms:CAPITAL BUDGETING
MANAGEMENT SYSTEM
CONJOINT ANALYSIS
Language:eng
Abstract:This article has four primary purposes: (1) to justify the use of a multiattribute utility model such as conjoint analysis for evaluating innovative projects; (2) to review and critique the use of conjoint analysis for managerial decision making; (3) to apply this technique to the case of evaluating innovative land management systems; and (4) to report the results of preliminary tests of the technique's validity and user satisfaction. The conjoint analysis is proposed as a methodology for measuring managers' utility functions regarding innovative capital budgeting proposals.
SCIMA record nr: 115095
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