Geodesic
Application of mathematical modelling for choosing company's investment program
Vestnik Ûžno-Uralʹskogo gosudarstvennogo universiteta. Seriâ Vyčislitelʹnaâ matematika i informatika, Tome 5 (2016) no. 4, pp. 19-31 Cet article a éte moissonné depuis la source Math-Net.Ru

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The paper presents three economic-mathematical models for the formation of the company's investment program: (1) based on the principle of guaranteed payoff (ie maximin principle); (2) based on the principle of maximizing the average expected value under predetermined up limiting of its dispersion; (3) based on the principle of maximizing the average expected value under up limiting the probability of its inaccessibility. Proposed solutions of the problems allow us to give a system estimate of the investment attractiveness of the enterprise which can be used in selecting an effective investment portfolio based on risk appetite of decision makers.
Keywords: investment program, net present value, risk dispersion, probability, stochastic programming. 
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A. V. Panyukov; E. N. Kozina. Application of mathematical modelling for choosing company's investment program. Vestnik Ûžno-Uralʹskogo gosudarstvennogo universiteta. Seriâ Vyčislitelʹnaâ matematika i informatika, Tome 5 (2016) no. 4, pp. 19-31. http://geodesic.mathdoc.fr/item/VYURV_2016_5_4_a1/

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