SELECT FURTHER READINGS

 

Butler, J.S. and B. Schachter (1989). “The Investment Decision: Estimation of Risk and Risk- adjusted Discount Rates”, Financial Management, 18 (4): 13–22.

Dixit, A. and R.S. Pindyck (1995). “The Options Approach to Capital Investment”, Harvard Business Review, 73 (May–June): 105–115.

Hertz, D.B. (1964). “Risk Analysis in Capital Investment”, Harvard Business Review, 42 (Jan-Feb): 95–105.

Rappaport, A. and R.A. Taggart, Jr. (1982). “Evaluation of Capital Expenditure Proposals under Inflation”, Financial Management, 11 (1): 5–13.

Sick, G.A. (1986). “A Certainty-Equivalent Approach to Capital Budgeting”, Financial Management, 15 (4): 23–32.

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