Anomalies in Net Present Value, Returns and Polynomials, and Regret Theory in Decision-Making

Michael C. I. Nwogugu is an author, entrepreneur and consultant, who has held senior management and Board-of-Director positions in companies in both the US and Nigeria. Mr. Nwogugu’s articles have been published in Applied Mathematics & Computation; Journal of Risk Finance; International Journal of Mathematics, Game Theory & Algebra; Discrete Mathematics, Algorithms & Applications; Corporate Ownership & Control; and Chaos & Complexity Letters. Mr. Nwogugu earned degrees from the University of Nigeria (Nigeria), the City University of New York (USA), and Columbia University (New York City, USA). Mr. Nwogugu’s book, Risk in the Global Real Estate Market (John Wiley, 2012), addresses various aspects of risk, mechanism design, household intertemporal allocations and constitutional economics; and introduces new and more efficient financial products.

Chapter 1) Introduction.- Chapter 2) Spatio-Temporal Framing Anomalies in the NPV-MIRR-IRR Model and Related Approached, and Regret Theory.- Chapter 3) Regret Theory and Asset Pricing Anomalies in Incomplete Markets with Dynamic Un-aggregate Preferences.- Chapter 4) The Descartes Sign Rule and The Fourier-Budan Theorem are Wrong.- Chapter 5) MN-2 Invariants and Homomorphisms for Solving Polynomials; and Anomalies in The Binomial Theorem And The “Fundamental Theorem Of Algebra.- Chapter 6) The Historical And Current Concepts Of “Plain” Interest Rates and Forward Rates are, or Can Be, Misleading.- Chapter 7) On Algebraic Anomalies in Polynomials and Net Present Value Decisions.- Chapter 8) Some Biases And Evolutionary Homomorphisms Implicit in The Calculation Of Returns.- Chapter 9) Conclusion.- Chapter 10) References.