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Managing Technological and Financial Uncertainty: A Decision Science Approach for Strategic Drilling Decisions
12 references·1 citing·37 second hop
Managing Technological and Financial Uncertainty: A Decision Science Approach for Strategic Drilling Decisions (1999)Managing Technological and Financial Unce…Simulation techniques for the sensitivity analysis of multi-criteria decision models (1997)Simulation techniques for the…Risk Propensity and Firm Performance: A Study of the Petroleum Exploration Industry (1996)Risk Propensity and Firm Perf…Integrating Business Strategy and Capital Allocation: an Application of Multi-Objective Decision Making (1995)Integrating Business Strategy…Decision Analysis of Exploration Opportunities in the Onshore US at Phillips Petroleum Company (1995)Decision Analysis of Explorat…Corporate Risk Tolerance and Capital Allocation: A Practical Approach to Implementing an Exploration Risk Policy (1995)Corporate Risk Tolerance and …Decisions with Multiple Objectives (1993)Decisions with Multiple Objec…Value-Focused Thinking: A Path to Creative Decisionmaking (1992)Value-Focused Thinking: A Pat…A Case History of Nuclear Power Plant Site Selection (1982)A Case History of Nuclear Pow…Controlling Risk in Capital Budgeting: A Practical Use of Utility Theory for Measurement and Control of Petroleum Exploration Risk (1979)Controlling Risk in Capital B…A Multiobjective Decision Analysis: Budget Planning for Product Engineering (1978)A Multiobjective Decision Ana…Technological forecasting for decision making (1972)Technological forecasting for…Technological forecasting and long-range planning (1969)Technological forecasting and…Investment decisions considering economic, environmental and social factors: An actors' perspective for the electricity sector of Mexico (2017)Investment decisions consider…The Analytic Hierarchy Process (1985)Decision analysis and behavioral research (1986)A Multiple Attribute Utility Theory Approach to Ranking and Selection (2001)Supplier selection using a multi-criteria decision aid method (2003)The spatial framework for weight sensitivity analysis in AHP-based multi-criteria decision making (2013)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Cross-Section of Expected Stock Returns (1992)Quantifying the value of technological, environmental and financial gain in decision models for offshore oil exploration (2001)Risk management in petroleum development projects: Technical and economic indicators to define a robust production strategy (2017)Theory of games and economic behavior (2019)Exceptional Paper—Probability Encoding in Decision Analysis (1975)The Foundations of Decision Under Uncertainty: An Elementary Exposition (1976)Sensitivity Analysis in Complex Decision Models (1989)A Fuzzy Multi-Criteria SWOT Analysis: An Application to Nuclear Power Plant Site Selection (2011)The development of nuclear power plants by means of modified model of Fuzzy DEMATEL and GIS in Bushehr, Iran (2017)A Behavioral Theory of the Firm (1963)Richard M. Cyert & James G. March, A Behavioral Theory of The Firm, Prentice-Hall, Inc., Englewood Cliffs, New Jersey, 1963, 332 s. (1964)Modeling Multi-Objective Multi-Stakeholder Decisions: A Case-Exercise Approach (2008)Prospect theory: An analysis of decision under risk (1988)Decisions with Multiple Objectives: Preferences and Value Tradeoffs. (1994)Organizational Decline and Innovation: Turnarounds and Downward Spirals (2013)The effects of opportunities and founder experience on new firm performance (2014)Economic policy uncertainty and firm innovation: Evidence from a risk-taking perspective (2021)PORTFOLIO SELECTION* (1952)Investment Under Uncertainty. (1994)Remarks on the Analytic Hierarchy Process (1990)Robust Optimization of Large-Scale Systems (1995)The Analytic Hierarchy Process—An Exposition (2001)Multiple Criteria Decision Making, Multiattribute Utility Theory: Recent Accomplishments and What Lies Ahead (2008)Disaster Resilience: A National Imperative (2013)Multiple Criteria Decision Analysis (2016)Delphi: A reevaluation of research and theory (1991)Delphi: A Versatile Methodology for Conducting Qualitative Research (1995)Current validity of the Delphi method in social sciences (2005)A mathematical model for trend forecasts (1971)Search Theory and the Manufacturing Progress Function (1986)Matching of technological forecasting technique to a technology (2002)
this work references cited by second hop

References

  • 1993Decisions with Multiple Objectives4,434 cited
  • 1992Value-Focused Thinking: A Path to Creative Decisionmaking2,139 cited
  • 1972Technological forecasting for decision making815 cited
  • 1997Simulation techniques for the sensitivity analysis of multi-criteria decision models321 cited
  • 1969Technological forecasting and long-range planning185 cited
  • 1996Risk Propensity and Firm Performance: A Study of the Petroleum Exploration Industry182 cited
  • 1982A Case History of Nuclear Power Plant Site Selection52 cited
  • 1995Corporate Risk Tolerance and Capital Allocation: A Practical Approach to Implementing an Exploration Risk Policy37 cited
  • 1978A Multiobjective Decision Analysis: Budget Planning for Product Engineering36 cited
  • 1979Controlling Risk in Capital Budgeting: A Practical Use of Utility Theory for Measurement and Control of Petroleum Exploration Risk30 cited
  • 1995Integrating Business Strategy and Capital Allocation: an Application of Multi-Objective Decision Making25 cited
  • 1995Decision Analysis of Exploration Opportunities in the Onshore US at Phillips Petroleum Company25 cited

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  • 2017Investment decisions considering economic, environmental and social factors: An actors' perspective for the electricity sector of Mexico32 cited

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