Description

by M.A. Mian

In Volume 2: Probabilistic Models, author M.A. Mian presents the concepts of decision analysis, incorporating risk and uncertainty as applied to capital investments.

In the expanded and updated second edition of Volume 2, Mian integrates new advancements and clarifies concepts to facilitate their understanding. Each topic is introduced, followed by a brief discussion related to its application in practice and a solved example. Includes a companion CD with application, spreadsheets, and tables that expand the practical application of the book's material.

Contents:

• Preface
• Introduction
• Statistics and probability concepts
• Incorporating attitudes toward risk
• Determining venture participation
• Simulation in decision analysis
• Capital budgeting techniques
• Appendix A: Probability tables
• Appendix B: Contents of the companion CD

426 Pages/Hardcover+CD/6x9/July 2011
ISBN10 1-59370-209-4