Ebook: Investment in Uncertainty

FIRST PART Preparation of the Investment 1. Investments in the Company 19 The decline of stability . . 19 The change in direction of studies on the investment process. 25 Basic elements for arithmetical study of selection 29 Thc study of selection from non-numerical elements. 37 2. Programming Investment Activity 49 Classical programming techniques. 49 Handling of an investment programme. 56 Incorporation of costs into investment projects . . . . . . . . . . . . . . . . . . 66 Estimating financial needs throughout the process. 72 3. Financial Risk of Investment 85 Financial aspects of the investment process. 85 Determination of the financial capacity of the investment . . 89 From pre-diagnosis to diagnosis. 102 Numerical determination of the financial risk of an investment. 106 4. Analysis of financial products for the investment 113 Aspects prior to product analysis. 113 Analysis by means of the clan concept . . . . . . . . . . . . . . . . . . . 117 Obtaining affinities and thc use of codes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 123 Grouping the characteristics of the products by means of the Moore closing. 126 From product grouping to affinities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 134 10 / Index SECOND PART Selection 5. A first approximation to selection models 145 Updating of monetary currents 145 Incorporation of the lack of precision of interests rates . . . . . . . . . . . . . . . . 153 The hypothesis of known net values and fuzzy rate of interest . . . . . . 157 6. Selection of investments in an economy with inflation 165 Estimate of monetary currents at constant prices . . . . . . . . . . . . . . . . . . . 165 Estimate of monetary currents at prices for each period . . . . . . . 172 The hypothesis of different rates of inflation . . . . 180 7.

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The objective of the book is to discuss and explain the problems caused by the investment process in a world that is so full of change that it has become uncertain. For this reason the author presents a very wide range of theoretical and technical elements gathered from the new mathematics of uncertainty, both in its numerical and non-numerical aspects. In this regard an important role is played by the theories of fuzzy sub-sets, forgotten effects, affinities, expertons and many others that are being introduced with such success, in an attempt to arrive at a solution to the complex problems of management and the economy.
Audience: Researchers, consultants and students interested in the application of mathematics to economics, management and investment.

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The objective of the book is to discuss and explain the problems caused by the investment process in a world that is so full of change that it has become uncertain. For this reason the author presents a very wide range of theoretical and technical elements gathered from the new mathematics of uncertainty, both in its numerical and non-numerical aspects. In this regard an important role is played by the theories of fuzzy sub-sets, forgotten effects, affinities, expertons and many others that are being introduced with such success, in an attempt to arrive at a solution to the complex problems of management and the economy.
Audience: Researchers, consultants and students interested in the application of mathematics to economics, management and investment.
Content:
Front Matter....Pages 3-11
Introduction....Pages 13-15
Front Matter....Pages 17-17
Investments in the company....Pages 19-48
Programming investment activity....Pages 49-84
Financial risk of investment....Pages 85-111
Analysis of financial products for the investment....Pages 113-142
Front Matter....Pages 143-143
A first approximation to selection models....Pages 145-164
Selection of investments in an economy with inflaction....Pages 165-187
Taxation in uncertainty....Pages 189-213
Wear and tear in the investment process....Pages 215-237
The incidence of technical progress on investments....Pages 239-273
Estimating economic parameters in investment....Pages 275-296
Investment selection based on diversified criteria....Pages 297-323
Investment in the event of non-specified criteria....Pages 325-347
Optimum distribution of financial resources....Pages 349-368
Neural networks in investment....Pages 369-389
Front Matter....Pages 391-391
Economic renewal of industrial equipment....Pages 393-416
Equipment performance....Pages 417-449
Preventive maintenance of equipment in uncertainty....Pages 451-467
Conclusions....Pages 469-471
Back Matter....Pages 473-478

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The objective of the book is to discuss and explain the problems caused by the investment process in a world that is so full of change that it has become uncertain. For this reason the author presents a very wide range of theoretical and technical elements gathered from the new mathematics of uncertainty, both in its numerical and non-numerical aspects. In this regard an important role is played by the theories of fuzzy sub-sets, forgotten effects, affinities, expertons and many others that are being introduced with such success, in an attempt to arrive at a solution to the complex problems of management and the economy.
Audience: Researchers, consultants and students interested in the application of mathematics to economics, management and investment.
Content:
Front Matter....Pages 3-11
Introduction....Pages 13-15
Front Matter....Pages 17-17
Investments in the company....Pages 19-48
Programming investment activity....Pages 49-84
Financial risk of investment....Pages 85-111
Analysis of financial products for the investment....Pages 113-142
Front Matter....Pages 143-143
A first approximation to selection models....Pages 145-164
Selection of investments in an economy with inflaction....Pages 165-187
Taxation in uncertainty....Pages 189-213
Wear and tear in the investment process....Pages 215-237
The incidence of technical progress on investments....Pages 239-273
Estimating economic parameters in investment....Pages 275-296
Investment selection based on diversified criteria....Pages 297-323
Investment in the event of non-specified criteria....Pages 325-347
Optimum distribution of financial resources....Pages 349-368
Neural networks in investment....Pages 369-389
Front Matter....Pages 391-391
Economic renewal of industrial equipment....Pages 393-416
Equipment performance....Pages 417-449
Preventive maintenance of equipment in uncertainty....Pages 451-467
Conclusions....Pages 469-471
Back Matter....Pages 473-478
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