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Jenseits der Grenzen der klassischen Investitionsrechnung: Integration von Vollständigen Finanzplänen, flexibler Planung und Simulation

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  • Uwe Kehrel
  • Walter Schmitting

Abstract

The ability of classical methods for capital budgeting to judge the profitability of investments is limited by several constraints. Some of them can be overridden by an integration of decision trees and simulation, using Grob’s Financial Plans (‘‘Vollständige Finanzpläne’’, a special capital budgeting technique) as a framework. Copyright Springer-Verlag 2008

Suggested Citation

  • Uwe Kehrel & Walter Schmitting, 2008. "Jenseits der Grenzen der klassischen Investitionsrechnung: Integration von Vollständigen Finanzplänen, flexibler Planung und Simulation," Metrika: International Journal for Theoretical and Applied Statistics, Springer, vol. 19(1), pages 59-83, May.
    • Handle: RePEc:spr:metrik:v:19:y:2008:i:1:p:59-83
    DOI: 10.1007/s00187-008-0045-4
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    References listed on IDEAS

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    1. Frederick S. Hillier, 1963. "The Derivation of Probabilistic Information for the Evaluation of Risky Investments," Management Science, INFORMS, vol. 9(3), pages 443-457, April.
    2. Wilhelm Brandes & Hans-Joachim Budde & Eberhard Sperling, 1980. "A computerised planning method for risky investments," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 7(2), pages 147-175.
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