Myopia, Capital Budgeting and Decision Making

TL;DR: In this article, a new optimization model for capital rationing with uncertain project returns was developed to maximize the probability of meeting a pre-defined target return by selecting a feasible set of projects subject to budget constraints in multiple time periods.

TL;DR: In this article, a class of valuation methods is proposed that is based on customer demand, production costs, diversification and synergies, and the validity and usefulness of the proposed valuation methods are assessed by studying examples.

TL;DR: This study highlights the importance of post-investment analysis and financial project monitoring to improve investment decision-making, identify success factors, and enhance learning from investments, but notes challenges such as capacity, costs, and cultural complexities.

TL;DR: In this paper, a theoretical valuation formula for options is derived, based on the assumption that options are correctly priced in the market and it should not be possible to make sure profits by creating portfolios of long and short positions in options and their underlying stocks.

TL;DR: In this paper, a simple discrete-time model for valuing options is presented, which is based on the Black-Scholes model, which has previously been derived only by much more difficult methods.

TL;DR: Mintzberg et al. as mentioned in this paper proposed a general model to describe the interrelationships among strategic decision processes in terms of 12 elements: 3 central phases, 3 sets of supporting routines, and 6 sets of dynamic factors.