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The Engineering Economist
A Journal Devoted to the Problems of Capital Investment
Volume 23, 1977 - Issue 3
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Original Articles

The Variance of Present Worth of Cash Flows Under Uncertain Timing

Pages 163-170 | Published online: 05 Apr 2007

REFERENCES

  • Hertz , D. B. , “Risk Analysis in Capital Investment,” Harvard Business Review , January-February , 1964 , p. 95 – 106 .
  • Hespos , R. G. and P. A. Strassman , “Stochastic Decision Trees for the Analysis of Investment Decisions,” Management Science , Vol. 11 , pB244–B259 p ( 1965 ).
  • Hillier , F. S. , The Evaluation of Risky Interrelated Investments , North-Holland , 1969 .
  • Markowitz , H. , Portfolio Selection Efficient Diversification of Investments , Wiley , 1959 .
  • Stone , B. K. , “A Linear Programming Formulation of the General Portfolio Selection Problem,” Journal of Financial and Quantitative Analysis , Vol. 6 , 1263 – 1276 ( 1973 ).
  • Young D. , private communication , June , 1976 .
  • Young , D. and L. E. Contreras , “Expected Present Worths of Cash Flows Under Uncertain Timing,” The Engineering Economist , Vol. 20 , 257 – 68 ( 1975 ).

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