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| Author: | Antle, R. Fellingham, J. |
| Title: | Models of capital investments with private information and incentives: A selective review |
| Journal: | Journal of Business Finance and Accounting
1997 : SEP, VOL. 24:7-8, p. 887-908 |
| Index terms: | CAPITAL INVESTMENT CAPITAL BUDGETING DECISION MAKING INFORMATION INCENTIVES |
| Language: | eng |
| Abstract: | This paper reviews some research that addresses the incentive aspects of capital budgeting decisions. The studies are theoretical. They formulate and analyse models that vary in the numbers of periods considered, the number of alternative projects available, and the number of economic actors involved. To highlight their key economic and mathematical properties, to reveal their common economic forces, and to collect and organise their basic results, this paper describes some of the formulations that have been studied. |
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