Autor:	Cassidy, P.A., Rodgers, J.L., McCarthy, W.O.
Rok vydání:	1970
Předmět:	Financial Economics Risk and Uncertainty
Popis:	A simulation technique is advanced as a means of determining the probability of achieving various possible financial outcomes when assessing alternative investments. To this end a model is constructed and applied to a proposed investment in pasture improvement. Results are contrasted with a deterministic budget approach. The model uses triangular distributions to derive probabilistic estimates for the stochastic events considered. Possible fields of application of interest to agricultural economists are discussed.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=od_______645::fde41f99d99eb7610df36ddb4ed683b6 http://purl.umn.edu/9614 Zobrazit plný text záznamu