Aufsatz(gedruckt)1982
Five Ways to Ration Capital: The Case of a Developing Economy
In: Journal of policy modeling: JPMOD ; a social science forum of world issues, Band 4, Heft 3, S. 311-339
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Abstract
The performances of 2 programming models & 3 "simple" investment rules -- the benefit-cost ratio, internal rate of return, & present value to constrain cost ratio -- are compared in solving a 4-year capital rationing program in a Latin American nation in which 42 projects were considered. The properties & advantages of the various approaches are discussed & policy conclusions are drawn. In addition, the effects of including project-timing variants & political/bureaucratic constraints are explored. 6 Tables, 24 References. Modified HA.
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Englisch
ISSN: 0161-8938
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