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Keywords: capital budgeting
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Proceedings Papers
Investment Selection Under Uncertainty For Producing Operations
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Eastern Regional Meeting, November 5–6, 1964
Paper Number: SPE-1036-MS
... in capital budgeting Is critical since its measurement is largely subjective in evaluation assumptions and managers' preference for it is variable. Procedures for considering risk range from the simple discounting of expected values of investment returns, to the more complex determination of the utility...
