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Wilfrid Laurier University Leaf
May 25, 2016

Canadian Excellence


Jack (Jacques) A. Schnabel

Correcting for Hubris in Project Appraisal

Dr. Jacques A. Schnabel

published: 2012 | Research publication | Published articles

This paper discusses the requisite adjustments to the NPV calculation to correct for overconfidence in project cash flow projections. The paper was published in the inaugural issue of ISRN (International Scholarly Research Network) Economics Volume (2012) June 2012 Article ID 478485 4 pages.

Download: PDF (202k) Correcting_for_Hubris_in_Project_Appraisal_published_version.pdf

revised Jun 6/12

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