The corporation development investment program optimization model considering crisis and post-crisis period risks

The article suggests optimization models of investment decision making. Risks are considered within the constraints of Markowitz Investment Portfolio Theory with the use of scenario approach. Scenario approach is modelling the development of economic situation and possible risks in post‐crisis period. This model considers the function of utility as a target function with net present value of the project and its social importance as independent variables. In these models the variance of the utility is the measure of risk.