Internal Rate of Return

Literature Review on Internal Rate of Return

In the Encyclopedia of Public Administration and Public Policy, [1] William G. Albrecht offers the following summary about the topic of Internal Rate of Return: Internal rate of return (IRR) is one of the several benefit–cost techniques that are available for evaluating public sector capital budget investment proposals when benefits and costs can be monetized. This entry delineates the IRR approach and highlights well-known shortcomings. Various remedies are presented so as to make IRR decisions consistent with the net present value benefit–cost technique.

Resources

Notes and References

1. Entry about Internal Rate of Return in the Encyclopedia of Public Administration and Public Policy (2015, Routledge, Oxford, United Kingdom)

See Also

Further Reading

• Global Encyclopedia of Public Administration, Public Policy, and Governance (2018, Springer International Publishing, Germany)