As investments involve large resources both financial and human, wrong investment decisions are very expensive to correct and detrimental to the sustainability of institutions. Managers are responsible for comparing and evaluating alternative projects so as to allocate limited resources and maximize the firm’s wealth or shareholders value Basic techniques of making capital investment appra…
Research philosophy classifications such as ontology, epistemology, and anxiology and their conflicting applications to the ‘quantitative-qualitative’ debates, are a major source of dilemma to research students in establishing their relevance to subjects areas and discipline. A number of studies have used different descriptions, categorisations and classifications of research paradigms and …
The main purpose of this paper is to discuss supply and demand in the framework of system dynamics. We first review classical supply and demand. Then we look at how to model supply and demand using system dynamics. Finally, we present a few exercises that will improve understanding of supply and demand and help improve system dynamics modeling skills.
The basic thrust of this tenth edition of Multinational Financial Management (MFM) is to provide a conceptual framework within which the key financial decisions of the multinational firm can be analyzed. The approach is to treat international financial management as a natural and logical extension of the principles learned in the foundations course in financial management. Thus, it builds on an…
The purpose of this book is to introduce and develop some of the important and beautiful elementary mathematics needed for rational analysis of various gambling and game activities. While the only formal mathematics background assumed is high school algebra, some enthusiasm for and facility with quantitative reasoning will also serve the reader well. The book will, I hope, be of interest t…