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MASTER CONSULTORES
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Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
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Investment decisions, NPV and bounded rationality
Magni, Carlo Alberto
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MASTER CONSULTORES
-
2010
-and-biases-program approach, this implies that the hurdle-rate rule is a biased
heuristic
. This papers shows that the hurdle-rate rule may be … which the
heuristic
NPV is one significant example. …
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