Refining the Use of Monte Carlo Techniques for Risk Analysis in Project Planning.

Re-examines Monte Carlo approaches to risk analysis in project appraisal. Cost benefit analysis and risk analysis as common tools for investment appraisal; Decline in the use of cost-benefit analysis; Potential for augmentation of quantitative and qualitative information by the Monte Carlo techniqu...

Descripción completa

Detalles Bibliográficos
Publicado en:	Journal of Development Studies Vol. 36; no. 2; pp. 113 - 136
Autores principales:	Balcombe, K.G., Smith, L.E.D.
Formato:	Artículo
Publicado:	Taylor & Francis Ltd Dec99
Materias:	Risk assessment Investment analysis
Acceso en línea:	Ver este registro en EBSCOhost

Descripción
Sumario:	Re-examines Monte Carlo approaches to risk analysis in project appraisal. Cost benefit analysis and risk analysis as common tools for investment appraisal; Decline in the use of cost-benefit analysis; Potential for augmentation of quantitative and qualitative information by the Monte Carlo techniques.