On the Fundamentals of Economic Evaluation
作者:
José L. Lépez Léautaud,
Ralph Swalm,
期刊:
The Engineering Economist
(Taylor Available online 1973)
卷期:
Volume 19,
issue 2
页码: 105-125
ISSN:0013-791X
年代: 1973
DOI:10.1080/00137917308902763
出版商: Taylor & Francis Group
数据来源: Taylor
摘要:
This article develops a rationale for economic evaluation based on the premise that one's economic objective is to maximize his own wealth. This leads to a reconciliation between the views of those supporting internal rate of return method and those supporting present worth methods of analysis. It also leads to a reconciliation between the major schools of thought regarding appropriate methodology for dealing with problems in which multiple rates of return are possible.
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