Ruch Prawniczy, Ekonomiczny i Socjologiczny, 1971, nr 1

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O pewnych kryteriach wyboru wariantów inwestycyjnych
(Wydział Prawa i Administracji UAM, 1971) Sułkowski, Czesław
The article is an analysis of two criter of choice of investment variants: the criterion of limited time of repayment and the criterion of capital invested. The defining of these criteria substantiates the hypothesis that individual times of repayment for particular variants drawn up in increasing sequence according to the size of the invested capital, should be calculated only on the grounds of changing basis, hence by the 'chain' method, and not on a permanent basis. In addition the author indicated that the attempts, met with in literature, at applying simultaneously, permanent and changing bases in calculating individual repayment times, is merely illusory. Further on in the article the author proves that the generally accepted hypothesis on the equiponderance of the criterion of limited time of repayment and the criterion of capital invested is not true, and at the same time indicates in which particular cases this equiponderance can take place.