Is There A “New” Internal Rate of Return Literature?

Recent writing in various real estate journals appears to have become interested in an issue which a number of other journals have treated previously. Specifically, the concept known as the internal rate of return (IRR) has been examined extensively by the literatures of business finance, management science, and economic theory. This paper surveys and reviews the literature by problem, journal and date. The paper concludes that this demonstration suggests the necessity of an understanding of literature in related disciplines as well as our own.