Sequel to “partitioning transaction vectors into pure investments”: A new sufficient condition for transactions to have a unique IRR and some results on the distribution of IRRs

IF 1 4区 经济学 Q4 BUSINESS Engineering Economist Pub Date : 2021-07-20 DOI:10.1080/0013791X.2021.1929624
J. Cuthbert
{"title":"Sequel to “partitioning transaction vectors into pure investments”: A new sufficient condition for transactions to have a unique IRR and some results on the distribution of IRRs","authors":"J. Cuthbert","doi":"10.1080/0013791X.2021.1929624","DOIUrl":null,"url":null,"abstract":"Abstract An article by the same author in The Engineering Economist in 2018 (vol. 63(2), 143–157) proved that any transaction could be uniquely partitioned into a sequence of pure investments with strictly decreasing internal rates of return (IRRs). This article uses that result to prove a new condition for a transaction to have a unique IRR and also gives some information on how the IRRs of a transaction must be distributed.","PeriodicalId":49210,"journal":{"name":"Engineering Economist","volume":"66 1","pages":"303 - 318"},"PeriodicalIF":1.0000,"publicationDate":"2021-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/0013791X.2021.1929624","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Engineering Economist","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1080/0013791X.2021.1929624","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 1

Abstract

Abstract An article by the same author in The Engineering Economist in 2018 (vol. 63(2), 143–157) proved that any transaction could be uniquely partitioned into a sequence of pure investments with strictly decreasing internal rates of return (IRRs). This article uses that result to prove a new condition for a transaction to have a unique IRR and also gives some information on how the IRRs of a transaction must be distributed.
查看原文
分享 分享
微信好友 朋友圈 QQ好友 复制链接
本刊更多论文
“将交易向量划分为纯投资”的续集:交易具有唯一IRR的一个新的充分条件和IRR分布的一些结果
摘要同一作者在2018年发表在《工程经济学人》上的一篇文章(第63(2)卷,143-157)证明,任何交易都可以唯一地划分为一系列内部收益率严格降低的纯投资。本文使用该结果来证明事务具有唯一IRR的新条件,并提供了一些关于事务的IRR必须如何分布的信息。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 去求助
来源期刊
Engineering Economist
Engineering Economist ENGINEERING, INDUSTRIAL-OPERATIONS RESEARCH & MANAGEMENT SCIENCE
CiteScore
2.00
自引率
0.00%
发文量
14
审稿时长
>12 weeks
期刊介绍: The Engineering Economist is a refereed journal published jointly by the Engineering Economy Division of the American Society of Engineering Education (ASEE) and the Institute of Industrial and Systems Engineers (IISE). The journal publishes articles, case studies, surveys, and book and software reviews that represent original research, current practice, and teaching involving problems of capital investment. The journal seeks submissions in a number of areas, including, but not limited to: capital investment analysis, financial risk management, cost estimation and accounting, cost of capital, design economics, economic decision analysis, engineering economy education, research and development, and the analysis of public policy when it is relevant to the economic investment decisions made by engineers and technology managers.
期刊最新文献
Introducing a real option framework for EVA/MVA analysis Avoiding momentum crashes using stochastic mean-CVaR optimization with time-varying risk aversion The S curve: A dynamic view of in ERP evaluation Optimization-based tail risk hedging of the S&P 500 index Letter from the editor
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
已复制链接
已复制链接
快去分享给好友吧!
我知道了
×
扫码分享
扫码分享
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1