Skip to main content

The Methods of Evaluation of Investment Project with Undetermined Parameters

  • Conference paper
  • First Online:
Perspectives on the Use of New Information and Communication Technology (ICT) in the Modern Economy (ISC 2017)

Abstract

Various approaches to evaluation of investment project in the conditions of uncertainty are studied, when such parameters of the project as profitability of future periods and discount rates are approximate or unknown. The results of evaluation of the projects are analyzed with the following approaches: application of fuzzy sets, application of the theory of probabilities. The conditions of applicability and substantiation of the viewed approaches are discussed. Specific examples of calculating the evaluations of investment project with graphic illustrations are given.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 259.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 329.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  • Pugachev, V.S.: Probability Theory and Mathematical Statistics for Engineers. Pergamon Press, New York (1984)

    MATH  Google Scholar 

  • Zadeh, L.A.: Fuzzy sets as a basis for a theory of possibility. Fuzzy Sets Syst. 1, 3–28 (1978)

    Article  MathSciNet  Google Scholar 

  • Zadeh, L.A.: Fuzzy sets. Inf. Control 8(3), 338–353 (1965)

    Article  Google Scholar 

  • Anshin, V.M., Demkin, I.V., Tsarkov, I.N., Nikonov, I.M.: Application of fuzzy set theory to the task of formation of projects portfolio (National Research University “Higher School of Economics”). https://www.hse.ru/data/620/907/1224/Publ2_Anshin.pdf. Accessed Jan 2018

  • Chui, Y.C., Chan, S.P.: Fuzzy cash flow analysis using present worth criterion. Eng. Econ. 39, 113–138 (1994)

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding authors

Correspondence to Isa M. Peshkhoev or Oksana G. Savelyeva .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2019 Springer International Publishing AG, part of Springer Nature

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Peshkhoev, I.M., Avlasenko, I.V., Panfilova, O.V., Podkolzin, Y.V., Savelyeva, O.G. (2019). The Methods of Evaluation of Investment Project with Undetermined Parameters. In: Popkova, E., Ostrovskaya, V. (eds) Perspectives on the Use of New Information and Communication Technology (ICT) in the Modern Economy. ISC 2017. Advances in Intelligent Systems and Computing, vol 726. Springer, Cham. https://doi.org/10.1007/978-3-319-90835-9_8

Download citation

Publish with us

Policies and ethics