Fisher’s rate of return over cost — AlterEconomics (Russian Journal Of Economic Theory)

Мар 20

The Evolution of the Concept of Discounted Cash Flows: From Leonardo Pisano’s «Liber Abaci» to Irving Fisher’s “The Theory of Interest»

Yuriy P. Tikhonov 2017, №1

Abstract: The article examines the main milestones in the development of present value and discounted cash flow from the moment of their first appearance in 1202 in “Liber Abaci” by...