Heuristic reasoning in the setting of hurdle rates and in the projection of cash flows in investment appraisal
A growing body of literature in investment appraisal has focused on bounded rationality of managerial decision-makers. It mostly addresses the actual investment decision stage, i.e. project approval. The investment decision is usually supported by a financial appraisal of the investment projects und...
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University of the West of England, Bristol
2017
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| Online Access: | https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.720541 |