Wykorzystanie symulacji Monte Carlo w analizie ryzyka projektów inwestycyjnych
Application of Monte Carlo simulation in risk analysis of capital investment projects
Author(s): Tomasz WiśniewskiSubject(s): Economy
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: capital budgeting; capital expenditure risk management
Summary/Abstract: Phrase Monte Carlo method have been coined in Los Alamos during work on nuclear fusion. Monte Carlo method have been used in corporate fi nance from sixties. This method is especially appropriate for assessment of fi rm specifi c risk in investment appraisal. The aim of the paper is to analyze the Monte Carlo simulation in risk analysis of capital investment projects. The main focus is on pattern of usage of the outcomes from the simulation and on the assumptions which are base for the simulation
Journal: Studia i Prace WNEIZ US
- Issue Year: 2013
- Issue No: 34/2
- Page Range: 65-80
- Page Count: 16
- Language: Polish