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A Chance-Constrained Approach to Capital Budgeting with Portfolio Type Payback and Liquidity Constraints and Horizon Posture Controls

Published online by Cambridge University Press:  19 October 2009

R. Byrne ,
A. Charnes ,
W. W. Cooper  and
K. Kortanek
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Extract

This is an exploratory paper. In particular, it consists of explorations conducted around some of the possibilities that might be offered for capital budgeting via recently developed methods, e.g., chance-constrained programming, linear programming under uncertainty, etc.

Type
Research Article
Information
Journal of Financial and Quantitative Analysis , Volume 2 , Issue 4 , December 1967 , pp. 339 - 364
Copyright
Copyright © School of Business Administration, University of Washington 1967

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