Probabilistic Possibilistic Models

Evaluation And Selection Of Multi-Period Investment Projects Utilizing Fractal Characteristics

V. N. Mikhno, Dubinskiy Vyacheslav Vasil'yevich

Tver State University

Abstract: The article presents a model for evaluating and selecting multi-period investment projects taking into consideration the dynamics of project capitalization. The model's application is demonstrated with test examples.

Keywords: Multi-period investment project, R/S-analysis, Hurst exponent, Behavior of capitalization, time series.

UDC: 330.322(075), 519.6

Received: 20.08.2013
Revised: 25.08.2013