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NPV, IRR, PI, PP, and DPP: A unified view
16 references·1 citing·46 second hop
NPV, IRR, PI, PP, and DPP: A unified view (2024)NPV, IRR, PI, PP, and DPP: A unified viewPresidential Address: Corporate Finance and Reality (2022)Presidential Address: Corpora…Why Do Firms Use High Discount Rates? (2014)Why Do Firms Use High Discoun…Average Internal Rate of Return and Investment Decisions: A New Perspective (2010)Average Internal Rate of Retu…A resolution to the NPV–IRR debate? (2010)A resolution to the NPV–IRR d…The Fragility of Time: Time-Insensitivity and Valuation of the Near and Far Future (2007)The Fragility of Time: Time-I…Investment Appraisal: Methods and Models (2007)Investment Appraisal: Methods…THE RELEVANT INTERNAL RATE OF RETURN (2004)THE RELEVANT INTERNAL RATE OF…A NEW PERSPECTIVE ON MULTIPLE INTERNAL RATES OF RETURN (2003)A NEW PERSPECTIVE ON MULTIPLE…Gamma Discounting (2001)Gamma DiscountingAnomalies in Intertemporal Choice: Evidence and an Interpretation (1992)Anomalies in Intertemporal Ch…Value Functions for Infinite-Period Planning (1986)Value Functions for Infinite-…Time Preference (1982)Time PreferenceThe Modified Internal Rate of Return and Investment Criterion (1976)The Modified Internal Rate of…Uniqueness of the Internal Rate of Return with Variable Life of Investment (1969)Uniqueness of the Internal Ra…An Analysis of Criteria for Investment and Financing Decisions Under Certainty (1965)An Analysis of Criteria for I…The Existence of a Utility Function to Represent Preferences (1963)The Existence of a Utility Fu…A systematic review of the life cycle cost estimation of upgrading buildings for sustainability (2025)A systematic review of the li…Theory of Value (1959)Conditional Demand Functions and the Implications of Separable Utility (1971)Pseudocontinuous functions and existence of Nash equilibria (2007)Costly switching from a status quo (2018)Judgment under Uncertainty: Heuristics and Biases (1974)Prospect Theory: An Analysis of Decision under Risk (1979)Prospect theory: An analysis of decision under risk (1988)Perception of anticipatory time in temporal discounting. (2009)The psychology of intertemporal tradeoffs. (2010)Discounting behavior: A reconsideration (2014)Utility Theory for Decision Making (1971)Myopia and Inconsistency in Dynamic Utility Maximization (1973)Decisions with Multiple Objectives: Preferences and Value Tradeoffs. (1994)The reasonableness of non-constant discounting (1994)Empirical and public choice evidence for hyperbolic social discount rates and the implications for intergenerational discounting (1995)SME international performance in Latin America (2017)Toward a positive theory of consumer choice (1980)Golden Eggs and Hyperbolic Discounting (1997)Time Discounting and Time Preference: A Critical Review (2002)Construal-level theory of psychological distance. (2010)The General Theory of Employment, Interest and Money, by John Maynard Keynes (1936)Investment under Uncertainty (1994)Investment Under Uncertainty. (1994)Technical note: Equivalence of different profitability criteria with the net present value (2012)The Internal Rate of Return Approach and the AIRR Paradigm: A Refutation and a Corroboration (2012)Investment decisions and sensitivity analysis: NPV-consistency of rates of return (2018)Three Problems in Rationing Capital (1955)On the Theory of Optimal Investment Decision (1958)Mathematical Programming and the Analysis of Capital Budgeting Problems. (1964)ABANDONMENT VALUE AND CAPITAL BUDGETING* (1967)Financial Managemen:t Theory and Practice (1979)Principles of Corporate Finance. (1981)The theory and practice of corporate finance: evidence from the field (2001)Capital budgeting practices: A survey of Central and Eastern European firms (2015)Why the Far-Distant Future Should Be Discounted at Its Lowest Possible Rate (1998)Thirteen plus one: a comparison of global climate policy architectures (2003)Discounting climate change (2008)Cost-Benefit Analysis (2015)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Common risk factors in the returns on stocks and bonds (1993)The cost of capital, corporation finance and the theory of investment (2008)Corporate flexibility in a time of crisis (2022)Employee Costs of Corporate Bankruptcy (2023)ESG , ESG rating divergence and earnings management: Evidence from China (2024)Ramsey Meets Laibson in the Neoclassical Growth Model (1999)Decreasing Impatience: A Criterion for Non‐stationary Time Preference and “Hyperbolic” Discounting (2004)
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References

  • 1992Anomalies in Intertemporal Choice: Evidence and an Interpretation2,305 cited
  • 2001Gamma Discounting762 cited
  • 1982Time Preference291 cited
  • 2007The Fragility of Time: Time-Insensitivity and Valuation of the Near and Far Future277 cited
  • 1963The Existence of a Utility Function to Represent Preferences192 cited
  • 2022Presidential Address: Corporate Finance and Reality185 cited
  • 2010Average Internal Rate of Return and Investment Decisions: A New Perspective180 cited
  • 1965An Analysis of Criteria for Investment and Financing Decisions Under Certainty177 cited
  • 2010A resolution to the NPV–IRR debate?164 cited
  • 1986Value Functions for Infinite-Period Planning164 cited
  • 2014Why Do Firms Use High Discount Rates?147 cited
  • 2003A NEW PERSPECTIVE ON MULTIPLE INTERNAL RATES OF RETURN140 cited
  • 2004THE RELEVANT INTERNAL RATE OF RETURN135 cited
  • 1976The Modified Internal Rate of Return and Investment Criterion124 cited
  • 2007Investment Appraisal: Methods and Models117 cited
  • 1969Uniqueness of the Internal Rate of Return with Variable Life of Investment

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  • 2025A systematic review of the life cycle cost estimation of upgrading buildings for sustainability13 cited