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Current Paradigm: Neoclassical Investment Theory

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Notes

  1. 1.

    Act 1, scene 1. ‘Bottom’ refers to a ship.

  2. 2.

    Factors are available from Ken French’s website at http://mba.tuck.dartmouth.edu/pages/faculty/ken.french/data_library/f-f_factors.html.

  3. 3.

    A typical example is the ExxonMobil Corporation Hebron project which is in about 100 metres of water off north-east Canada. The field was discovered in 1980, and required about six years to design and construct after 2009. It is expected to have a total capital cost of around USD 6 billion and produce up to 180 thousand barrels of oil per day for 30-plus years (Development Application Summary, 2011 available at www.hebronproject.com).

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  1. University of Melbourne, Parkville, Victoria, Australia

    Les Coleman

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Coleman, L. (2016). Current Paradigm: Neoclassical Investment Theory. In: Applied Investment Theory. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-43976-1_2

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  • DOI: https://doi.org/10.1007/978-3-319-43976-1_2

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