Trends in the use of management science techniques in capital budgeting

This paper examines trends in the use of management science techniques for capital investment decisions based on three surveys conducted on the same 100 large UK firms between 1975 and 1986. A strong increase in the uptake of these techniques is reported, which may partly be explained by the recent developments in end-user computing and investment software. The logistic forecasting model is employed to examine the trend and to forecast usage in the 1990s.