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All Issues >> Contents: Volume 13, Issue No 4 (2015)

The subjective utility function of investment decisions and method evaluating its parameters
Evgeny Viktorovich Danko

Altai State University

UDC code: 51-77

Abstract
The subjective utility function of decisions whether or not to invest in a project is substantiated in the article. Offered approach allows evaluation of individual characteristics of investor in the sit-uation of making a decision under uncertainty and risk. The matter of coordination between the subjective utility function and existing researches evaluating factor of individual risk-aversion is also viewed in the article. One of methods which can be used for identification of individual characteris-tics of decision-maker is presented at the end of the article. Developed subjective utility function is used as criterion for evaluation of expediency of invest-ment in a project with given evaluative segment for net present value of the project in question.

Key Words
Solution utility, Risk aversion, loss of profit perception, Expected utility function, Subjective utility function, Efficiency evaluation of investment

How to cite:
Danko E. V. The subjective utility function of investment decisions and method evaluating its parameters // Vestnik NSU Series: Information Technologies. - 2015. - Volume 13, Issue No 4. - P. 24-32. - ISSN 1818-7900. (in Russian).

Full Text in Russian

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References
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Publication information
Main title Vestnik NSU Series: Information Technologies, Volume 13, Issue No 4 (2015).
Parallel title: Novosibirsk State University Journal of Information Technologies Volume 13, Issue No 4 (2015).

Key title: Vestnik Novosibirskogo gosudarstvennogo universiteta. Seriâ: Informacionnye tehnologii
Abbreviated key title: Vestn. Novosib. Gos. Univ., Ser.: Inf. Tehnol.
Variant title: Vestnik NGU. Seriâ: Informacionnye tehnologii

Year of Publication: 2015
ISSN: 1818-7900 (Print), ISSN 2410-0420 (Online)
Publisher: Novosibirsk State University Press
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