Investment in Uncertainty

ISBN-13: 9789401062398 / Angielski / Miękka / 2012 / 476 str.

Jaime Gil-Aluja

Opis

The objective of the book is to discuss and explain the problems caused by the investment process in a world that is so full of change that it has become uncertain. For this reason the author presents a very wide range of theoretical and technical elements gathered from the new mathematics of uncertainty, both in its numerical and non-numerical aspects. In this regard an important role is played by the theories of fuzzy sub-sets, forgotten effects, affinities, expertons and many others that are being introduced with such success, in an attempt to arrive at a solution to the complex problems of management and the economy. Audience: Researchers, consultants and students interested in the application of mathematics to economics, management and investment.

Spis treści

Introduction. Part One: Preparation of the Investment. 1. Investment in the Company. 2. Programming Investment Activity. 3. Financial Risk of Investment. 4. Analysis of Financial Products for the Investment. Part Two: Selection. 5. A First Approximation to Selection Models. 6. Selection of Investments in an Economy with Inflation. 7. Taxation in Uncertainty. 8. Wear and Tear in the Investment Process. 9. The Incidence of Technical Progress on Investments. 10. Estimating Economic Parameters in Investment. 11. Investment Selection Based on Diversified Criteria. 12. Investment in the Event of Non-Specified Criteria. 13. Optimum Distribution of Financial Resources. 14. Neural Networks in Investment. Part Three: Handling the Problem of Equipment. 15. Economic Renewal of Industrial Equipment. 16. Equipment Performance. 17. Preventive Maintenance of Equipment in Uncertainty. Conclusions. Bibliography.