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La programmation déterministe du budget de capital : un modèle financier

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  • Chateau, Jean-Pierre D.

    (Faculty of Management, McGill University)

Abstract

The financial model presented in the article attempts to further integrate capital budgeting into the firm's overall financial planning policy. Although it is an extension and generalization of Bernhard and Weingartner's previous models, it differs from these works by some basic assumptions related to both the objective function and constraint set.

Suggested Citation

  • Chateau, Jean-Pierre D., 1974. "La programmation déterministe du budget de capital : un modèle financier," L'Actualité Economique, Société Canadienne de Science Economique, vol. 50(3), pages 415-449, juillet.
    • Handle: RePEc:ris:actuec:v:50:y:1974:i:3:p:415-449
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    References listed on IDEAS

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    1. Carleton, Willard T, 1969. "Linear Programming and Capital Budgeting Models: A New Interpretation," Journal of Finance, American Finance Association, vol. 24(5), pages 825-833, December.
    2. Byrne, R. & Charnes, A. & Cooper, W. W. & Kortanek, K., 1967. "A Chance-Constrained Approach to Capital Budgeting with Portfolio Type Payback and Liquidity Constraints and Horizon Posture Controls," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 2(4), pages 339-364, December.
    3. Bernhard, Richard H., 1969. "Mathematical Programming Models for Capital Budgeting—A Survey, Generalization, and Critique*," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 4(2), pages 111-158, June.
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