Abstract
Uncertainty plays a significant role in all investment decision-making. In the previous chapter the analysis of single investment projects under conditions of uncertainty was discussed. In this chapter analogous methods and models for analysing investment programmes under uncertainty will be considered. When investment programmes are planned, often many (or even an infinite number of) investment alternatives exist, considerably complicating analytical models and/or evaluations that attempt to take account of uncertainty. Limitations on the ranges of uncertain conditions or investment alternatives then become necessary.
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© 2008 Springer-Verlag Berlin Heidelberg
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(2008). Analysing Investment Programmes under Uncertainty. In: Investment Appraisal. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-39969-8_9
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DOI: https://doi.org/10.1007/978-3-540-39969-8_9
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-39968-1
Online ISBN: 978-3-540-39969-8
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