Abstract
For a private commercial entrepreneur choice among alternative investment projects involves in principle a rather simple exercise. If he knows his own objectives, which would seem a reasonable assumption, all he has to do is to ascertain which projects satisfy his objectives best. For example, he may be interested solely in commercial profits; in which case commercial profitability – adjusted possibly for risk – is his criterion of choice.
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Dasgupta, P. (2018). Project Evaluation. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_1471
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DOI: https://doi.org/10.1057/978-1-349-95189-5_1471
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