Финансовая инновация - миф или реальность?

Financial innovation - myth or reality?

Anton Kogan

MPRA Paper from University Library of Munich, Germany

Abstract: The article analyzes the ways of making investment decisions. The use of net present value (NPV) and internal rate of return (IRR) are criticized. Describes the indicator « the indicator of the speed of specific increment in value» (IS). The numerical example, proposed in the form of a business game, it is shown that the economy, the subjects of which use IS instead of NPV and IRR, has accelerated the pace of development.

Keywords: Estimation of efficiency of investments; economics of innovation. (search for similar items in EconPapers)
JEL-codes: C71 D22 D24 G17 G31 O16 (search for similar items in EconPapers)
Date: 2013-12-24
New Economics Papers: this item is included in nep-ppm
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:52739

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