) CAPM capital budgeting decision-making based on disequilibrium NPV is deductively inferred by the Capital Asset Pricing … Model, (ii) the use of the disequilibrium NPV is widespread in finance both as a decision rule and as a valuation tool, (iii …’s (2005) project valuation method, on the basis of which Magni’s criticism to NPV is objected, leaves decision makers open to …

uncertainty, the Fondamenta of decision will assume a deep knowledge and timely two media inside and outside, where economic …

frequently put forward in behavioral economics to justify “psychological” models that add new parameters to fit decision outcome …-axiomatic approach to normative analysis focused on veridical descriptions of decision process and a matching principle – between …-if” utility theory to account for biases and deviations, and substantially more careful observation of successful decision makers …

Making a decision is a complex process which must be based upon a method that is able to establish the optimum criteria … in choosing an alternative, in evaluating the main effects of implementing the decision which was taken and in estimating …

The article tackles the key-points of the European Commission decision clearing a complex merger in which a situation …