Финансовая Инновация - Миф Или Реальность?
[Financial innovation - myth or reality?]
AbstractThe article analyzes the ways of making investment decisions. The use of net present value (NPV) and internal rate of return (IRR) are criticized. Describes the indicator « the indicator of the speed of specific increment in value» (IS). The numerical example, proposed in the form of a business game, it is shown that the economy, the subjects of which use IS instead of NPV and IRR, has accelerated the pace of development.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 52739.
Date of creation: 24 Dec 2013
Date of revision:
Estimation of efficiency of investments; economics of innovation.;
Find related papers by JEL classification:
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
- D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
- G17 - Financial Economics - - General Financial Markets - - - Financial Forecasting and Simulation
- G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
- O16 - Economic Development, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
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