Theoretical Foundations of Capital Investments and Investment Appraisal

  • Sebastian Serfas


This chapter provides a basic understanding of capital investments in general. The first part introduces the fundamentals of capital investments, including their key characteristics and classifications. The second part of this chapter covers decision theory and establishes the basic concept of rationality as foundation for a decision model. The third part finally addresses investment appraisals and discusses major investment appraisal techniques that are used to evaluate capital investments.


Cash Flow Capital Investment Decision Model Decision Theory Payback Period 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Gabler Verlag | Springer Fachmedien Wiesbaden GmbH 2011

Authors and Affiliations

  • Sebastian Serfas

There are no affiliations available

Personalised recommendations