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Uniqueness of the Internal Rate of Return with Variable Life of Investment

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  • Arrow, Kenneth J
  • Levhari, David

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  • Arrow, Kenneth J & Levhari, David, 1969. "Uniqueness of the Internal Rate of Return with Variable Life of Investment," Economic Journal, Royal Economic Society, vol. 79(315), pages 560-566, September.
    • Handle: RePEc:ecj:econjl:v:79:y:1969:i:315:p:560-66
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    Cited by:

    1. David Promislow, S. & Spring, David, 1996. "Postulates for the internal rate of return of an investment project," Journal of Mathematical Economics, Elsevier, vol. 26(3), pages 325-361.
    2. Mikhail V. Sokolov, 2023. "NPV, IRR, PI, PP, and DPP: a unified view," Papers 2302.02875, arXiv.org, revised Nov 2023.
    3. Christian Bidard, 2020. "The Wage-Maximisation Property," EconomiX Working Papers 2020-17, University of Paris Nanterre, EconomiX.
    4. Bidard, Christian, 1999. "Fixed capital and internal rate of return," Journal of Mathematical Economics, Elsevier, vol. 31(4), pages 523-541, May.
    5. Thomas A. Weber, 2017. "Optimal switching between cash-flow streams," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 86(3), pages 567-600, December.
    6. Magni, Carlo Alberto, 2016. "Capital depreciation and the underdetermination of rate of return: A unifying perspective," Journal of Mathematical Economics, Elsevier, vol. 67(C), pages 54-79.
    7. Mikhail V. Sokolov, 2023. "An effective interest rate cap: a clarification," Papers 2307.08861, arXiv.org, revised Nov 2023.
    8. M. Keith Chen, 2011. "The Effect of Language on Economic Behavior: Evidence from Savings Rates, Health Behaviors, and Retirement Assets," Cowles Foundation Discussion Papers 1820, Cowles Foundation for Research in Economics, Yale University, revised Dec 2012.
    9. John K. -H Quah & Bruno Strulovici, 2009. "Discounting and Patience in Optimal Stopping and Control Problems," Discussion Papers 1480, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    10. Carlo Alberto Magni, 2009. "Accounting and economic measures:An integrated theory of capital budgeting," Centro Studi di Banca e Finanza (CEFIN) (Center for Studies in Banking and Finance) 0019, Universita di Modena e Reggio Emilia, Dipartimento di Economia "Marco Biagi".
    11. Aleksandr Alekseev & Mikhail Sokolov, 2011. "A Note on Indices of Return," EUSP Department of Economics Working Paper Series 2011/02, European University at St. Petersburg, Department of Economics, revised 21 Feb 2011.
    12. Weber, Thomas A., 2014. "On the (non-)equivalence of IRR and NPV," Journal of Mathematical Economics, Elsevier, vol. 52(C), pages 25-39.
    13. John K.-H. Quah & Bruno Strulovici, 2013. "Discounting, Values, and Decisions," Journal of Political Economy, University of Chicago Press, vol. 121(5), pages 896-939.
    14. Carlo Alberto Magni, 2010. "Average Internal Rate of Return and investment decisions: A new perspective," Centro Studi di Banca e Finanza (CEFIN) (Center for Studies in Banking and Finance) 0021, Universita di Modena e Reggio Emilia, Dipartimento di Economia "Marco Biagi".
    15. D. Robinson & W.R. Cook, 1991. "Optimal Termination and the IRR Revisited," Economics Discussion / Working Papers 91-08, The University of Western Australia, Department of Economics.
    16. Sonin, Isaac M. & Whitmeyer, Mark, 2020. "Some nontrivial properties of a formula for compound interest," Finance Research Letters, Elsevier, vol. 33(C).
    17. Ulrich van Suntum, "undated". "Dynamic Efficiency and Reswitching," Working Papers 200122, Institute of Spatial and Housing Economics, Munster Universitary.
    18. Yuri Biondi, 2006. "The double emergence of the Modified Internal Rate of Return: The neglected financial work of Duvillard (1755 - 1832) in a comparative perspective," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 13(3), pages 311-335.
    19. John Quah & Bruno Strulovici, 2011. "Discounting, Patience, and Dynamic Decision Making," Economics Series Working Papers 555, University of Oxford, Department of Economics.
    20. Elisha A. Pazner & Assaf Razin, 1976. "On Expected Present Value Vs. Expected Future Value: Further Remarks," Discussion Papers 196, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    21. Horowitz, Andrew W., 1999. "Ranking Rates of Return to Education: Legitimacy and an Explicit Diagnostic," Journal of Policy Modeling, Elsevier, vol. 21(7), pages 781-797, December.
    22. Alexander Alexeev & Mikhail Sokolov, 2011. "A Note on Indices of Return," EUSP Department of Economics Working Paper Series Ec-02/11, European University at St. Petersburg, Department of Economics, revised 21 Feb 2011.
    23. Isaac M. Sonin & Mark Whitmeyer, 2018. "Some Nontrivial Properties of a Formula for Compound Interest," Papers 1809.10566, arXiv.org.

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