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Article
Publication date: 1 March 1995

Wilton L. Accola, Surendra P. Agrawal and Clyde W. Holsapple

The extensive normative literature on capital budgeting decision models tends to ignore many factors that influence choice processes. This paper identifies task factors, context…

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Abstract

The extensive normative literature on capital budgeting decision models tends to ignore many factors that influence choice processes. This paper identifies task factors, context factors, and decision maker factors which influence perceived risk in capital budgeting decisions. Central issues explored in the paper are (a) whether some context and decision maker factors can be included in a capital budgeting decision support system's knowledge system, and (b) whether a decision support system can adapt its choice models and interface to different decision situations based on knowledge about task factors, context factors, and decision maker factors.

Details

Managerial Finance, vol. 21 no. 3
Type: Research Article
ISSN: 0307-4358

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