On the Theory of Optimal Investment Decision

Hirshleifer, J. (1958). On the Theory of Optimal Investment Decision. Journal of Political Economy, 66(4), 329-352.

Type

Journal article

Intellectual base

Primary research

Year

1958

DOI

10.1086/258057

Link

https://doi.org/10.1086/258057

Cited from

economics_finance

Cited by

1 citation across 1 artifact.

Each citation links to the sentence it supports in the citing article.

Primes

• Discounting (Present Value)
  • Hirshleifer (1958)

    This sourceCompares present-value and internal-rate-of-return rules within a Fisherian framework and argues for the present-value rule; directly supports the claim that Hirshleifer demonstrated NPV's superiority for decision-making.

Verification

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Registry ID ref:5b4f9b3a7157 · see in the full table