search query: @author Smith, J. / total: 31
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| Author: | Smith, J. |
| Title: | Evaluating income streams: a decision analysis approach |
| Journal: | Management Science
1998 : DEC, VOL. 44:12/1 of 2, p. 1690-1708 |
| Index terms: | MANAGEMENT RISK UNCERTAINTY |
| Language: | eng |
| Abstract: | Most important decision problems -- virtually all capital investments and planning situations -- involve risky cash flows with uncertainties that are resolved over time. In most of these problems, the decision-maker has access to financial markets and may borrow and lend to smooth consumption over time. Because of the difficulty of incorporating these borrowing and lending decisions into the evaluation models, these opportunities are rarely explicitly models. |
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