Progetto di ricerca
Engineering Project Analysis and Investment Decision-Making under Uncertainty
The present research investigates innovative tools for the economic valuation of industrial, engineering, and financial investments and for the selection of technical alternatives, inspired by principles of economic rationality and value creation. Mingling concepts and techniques from engineering economics, mathematics, finance, and accounting, the current research introduces, among other results, i) the development of new theoretical and applicative evaluation models for investment projects under uncertainty, ii) the definition of new rational criteria and the implementation of new tools for value-creating investment decisions, iii) the application of the innovative logical framework introduced in Magni (2020) connecting operating estimates and financial decisions, iv) new applications of sensitivity analysis for detecting the most influential economic and/or technical risk factors for the investment success, and v) refined tools for ex-post performance measurement considering the interactions among value drivers.
• Kroll, Y., Marchioni, A., Ben-Horin, M. (Forthcoming) Coherent Portfolio Performance Ratios. Quantitative Finance
• Magni, C.A., Marchioni, A. (2020) Average rates of return, working capital, and NPV-consistency in project appraisal: A sensitivity analysis approach. International Journal of Production Economics, 229, 107769
• Magni, C.A., Malagoli, S., Marchioni, A, Mastroleo, G. (2020) Rating firms and sensitivity analysis. Journal of the Operational Research Society, 71(12), 1940-1958
• Marchioni, A., Cappello, M., Pillo, F. (2019) Impatto delle trasformazioni nel mondo del lavoro e del lavoro atipico sull’identità dei lavoratori: ripercussioni sulla rappresentanza collettiva, implicazioni giuridiche e psicopatologiche. Rivista Sperimentale di Freniatria, CXLIII, 2
• Marchioni, A., Magni, C.A. (2018) Investment decisions and sensitivity analysis: NPV-consistency of rates of return. European Journal of Operational Research, 268, pp. 361-372
• Marchioni, A., Magni, C.A., Baschieri, D. (2020) Investment and financing perspectives for a solar photovoltaic project. 20th Management International Conference, MIC, Ljubljana, November 12-15. ISBN: 978-961-293-025-7
• Baschieri, D., Magni, C.A., Marchioni, A. (2020) Comprehensive financial modeling of solar PV systems. 37th European Photovoltaic Solar Energy Conference, EU PVSEC, Lisbon, Portugal, September 7-11. ISBN: 3-936338-73-6.
• Kroll, Y., Marchioni, A., Ben-Horin, M. (2020) Sortino(γ): A Modified Sortino Ratio with Adjusted Threshold. 27th Annual Virtual Conference of the Multinational Finance Society, June 28-29
• Magni, C.A., Marchioni, A. (2019) Performance measurement and decomposition of value added. 9th International Conference of the Financial Engineering and Banking Society, Prague, Czech Republic, May 30-June 1
• Magni, C.A., Marchioni, A. (2019) The accounting-and-finance of a solar photovoltaic plant: Economic efficiency of a replacement project. 4th International Conference on Energy and Environment, ICEE, Guimaraes, Portugal, May
• Magni, C.A., Marchioni, A. (2018) Project appraisal and the Intrinsic Rate of Return. 4th International Conference on Production Economics and Project Evaluation, ICOPEV, Guimaraes, Portugal, September 20-21