due to contiguous city of ravar with lut and dasht-e kavir desert, and weather conditions, water is one of the rarest agricultural inputs in this city. pistachio allocates 90% of garden and 73% of agricultural lands of the city and it is the most important agricultural product in this region. a major source of agricultural water supply in this area is groundwater. low price of water on one side...

Lajos Juhász Institute of Corporate Economics Faculty of Economics NET PRESENT VALUE VERSUS INTERNAL RATE OF RETURN University of West Hungary [email protected] ABSTRACT. The economic professional literature which deals with investment decisions can be characterised in general that the net present value shows objective picture for the decision maker while the internal rate of return – not...

Weitzman (1998) showed that when future interest rates are uncertain, using the expected net present value implies a term structure of discount rates that is decreasing to the smallest possible interest rate. On the contrary, using the expected net future value criteria implies an increasing term structure of discount rates up to the largest possible interest rate. We reconcile the two approach...

Maintenance planning and activities have grown dramatically in importance across many industries and are increasingly recognized as drivers of competitiveness if managed appropriately. Correlated with this observation is the proliferation of maintenance optimization techniques in the technical literature. But while all these models deal with the cost of maintenance (as an objective function or ...

Mainstream economists have long argued that the labour theory of value cannot explain price-formation. In response, Marxists mainstream economics is fixated on abstract mathematical problems which mystify social reality and obscure relationships at heart real economy. Marxist political proposed formal solutions to price-formation problem, but deeper issue my article will focus way in price sign...

Weitzman (1998) showed that when future interest rates are uncertain, using the expected net present value implies a term structure of discount rates that is decreasing to the smallest possible interest rate. On the contrary, using the expected net future value criteria implies an increasing term structure of discount rates up to the largest possible interest rate. We reconcile the two approach...