[PDF] Valuation Theory In Interaction eBook

Author : Antonio Campillo
Publisher : Erich Schmidt Verlag GmbH & Co. KG
Page : 674 pages
File Size : 45,5 MB
Release : 2014
Category : Galois theory
ISBN : 9783037191491

GET BOOK

For more than a century, valuation theory has had its classical roots in algebraic number theory, algebraic geometry and the theory of ordered fields and groups. In recent decades it has seen an amazing expansion into many other areas. Moreover, having been dormant for a while in algebraic geometry, it has now been reintroduced as a tool to attack the open problem of resolution of singularities in positive characteristic and to analyze the structure of singularities. Driven by this topic, and by its many new applications in other areas, the research in valuation theory itself has also been intensified, with a particular emphasis on the deep open problems in positive characteristic. The multifaceted development of valuation theory has been monitored by two International Conferences and Workshops: the first in 1999 in Saskatoon, Canada, and the second in 2011 in Segovia and El Escorial in Spain. This book grew out of the second conference and presents high quality papers on recent research together with survey papers that illustrate the state of the art in several areas and applications of valuation theory. This book is addressed to researchers and graduate students who work in valuation theory or the areas where it is applied, as well as a general mathematical audience interested in the expansion and usefulness of the valuation theoretical approach, which has been called the ``most analytic'' form of algebraic reasoning. For young mathematicians who want to enter these areas of research, it provides a valuable source of up-to-date information.

Author : Jay E. Fishman
Publisher : John Wiley & Sons
Page : 496 pages
File Size : 17,5 MB
Release : 2013-04-12
Category : Business & Economics
ISBN : 1118238915

GET BOOK

Expert direction on interpretation and application of standards of value Written by Jay Fishman, Shannon Pratt, and William Morrison—three renowned valuation practitioners—Standards of Value, Second Edition discusses the interaction between valuation theory and its judicial and regulatory application. This insightful book addresses standards of value (SOV) as applied in four distinct contexts: estate and gift taxation; shareholder dissent and oppression; divorce; and financial reporting. Here, you will discover some of the intricacies of performing services in these venues. Features new case law in topics including personal good will and estate and gift tax, and updated to cover the new standards issued since the first edition Includes an updated compendium discussing the standards of value by state, new case law covering divorce, personal goodwill, and estate and gift tax, and coverage of newly issues financial standards Shows how the Standard of Value sets the appraisal process in motion and includes the combination of a review of court cases with the valuator's perspective Addresses the codification of GAAP and updates SOV in individual states Get Standards of Value, Second Edition and discover the underlying intricacies involved in determining "value."

Author : Ko Wang
Publisher : Springer Science & Business Media
Page : 441 pages
File Size : 18,78 MB
Release : 2012-12-06
Category : Business & Economics
ISBN : 1461509092

GET BOOK

Real Estate Valuation Theory is organized around five categories of intellectual contribution to the whole-appraiser decision making and valuation accuracy, application of nontraditional appraisal techniques such as regression and the minimum-variance grid method, appraising contaminated property, ad valorem tax assessment, and new perspectives on traditional appraisal methods. One common thread is that all of the papers are exceptionally well written and thought provoking.

Author : Aswath Damodaran
Publisher : Now Publishers Inc
Page : 102 pages
File Size : 26,91 MB
Release : 2005
Category : Business & Economics
ISBN : 1601980140

GET BOOK

Valuation lies at the heart of much of what we do in finance, whether it is the study of market efficiency and questions about corporate governance or the comparison of different investment decision rules in capital budgeting. In this paper, we consider the theory and evidence on valuation approaches. We begin by surveying the literature on discounted cash flow valuation models, ranging from the first mentions of the dividend discount model to value stocks to the use of excess return models in more recent years. In the second part of the paper, we examine relative valuation models and, in particular, the use of multiples and comparables in valuation and evaluate whether relative valuation models yield more or less precise estimates of value than discounted cash flow models. In the final part of the paper, we set the stage for further research in valuation by noting the estimation challenges we face as companies globalize and become exposed to risk in multiple countries.

Author : Franz-Viktor Kuhlmann
Publisher : American Mathematical Soc.
Page : 473 pages
File Size : 48,70 MB
Release : 2002
Category : Business & Economics
ISBN : 0821832069

GET BOOK

This book is the second of two proceedings volumes stemming from the International Conference and Workshop on Valuation Theory held at the University of Saskatchewan (Saskatoon, SK, Canada). It contains the most recent applications of valuation theory to a broad range of mathematical ideas. Valuation theory arose in the early part of the twentieth century in connection with number theory and continues to have many important applications to algebra, geometry, and analysis. The research and survey papers in this volume cover a variety of topics, including Galois theory, the Grunwald-Wang Theorem, algebraic geometry, resolution of singularities, curves over Prufer domains, model theory of valued fields and the Frobenius, Hardy fields, Hensel's Lemma, fixed point theorems, and computations in valued fields. It is suitable for graduate students and research mathematicians interested in algebra, algebraic geometry, number theory, and mathematical logic.

Author : Z. Christopher Mercer
Publisher : John Wiley & Sons
Page : 0 pages
File Size : 31,15 MB
Release : 2007-10-05
Category : Business & Economics
ISBN : 9780470148167

GET BOOK

Praise for Business Valuation: An Integrated Theory, 2nd Edition "The Second Edition of Business Valuation: An Integrated Theory manages to present the theoretical analysis of valuation from the first edition and expand on that discussion by providing additional guidance on implementing the relevant valuation theories, notably in its expanded discussion of the Quantitative Marketability Discount Model." —Dr. David Tabak, NERA Economic Consulting Your Essential Valuations Reference Whether you are an accountant, auditor, financial planner, or attorney, Business Valuation: An Integrated Theory, 2nd Edition enables you to understand and correctly apply fundamental valuation concepts. Thoroughly revised and expanded, the Second Edition demystifies modern valuation theory, bringing together various valuation concepts to reveal a comprehensive picture of business valuation. With the implementation of new accounting pronouncements mandating the recognition of numerous assets and liabilities at fair value, it has become critical for CPAs charged with auditing financial statements to understand valuation concepts. With thoughtful and balanced treatment of both theory and application, this essential guide reveals: The "GRAPES of Value"-Growth, Risk and Reward, Alternative Investments, Present Value, Expectations, and Sanity The relationship between the Gordon Model and the discounted cash flow model of valuation The basis for commonly applied, but commonly misunderstood valuation premiums and discounts A practical perspective on the analysis of potential business acquisitions Grounded in the real world of market participants, Business Valuation, 2nd Edition addresses your need to understand business valuation, providing a means of articulating valuation concepts to help you negotiate value-enhancing transactions. If you want to get back to valuation basics, this useful reference will become your guide to defining the various levels of value and developing a better understanding of business appraisal reports.

Author : Manya M. Mooya
Publisher : Springer
Page : 193 pages
File Size : 44,19 MB
Release : 2016-03-17
Category : Business & Economics
ISBN : 3662491648

GET BOOK

This monograph critically reviews and updates real estate valuation theory, which is based on neoclassical economics, in light of developments in heterodox economic theory. Building on a comprehensive historical account of the evolution of value theory, the book uses new institutional economics theory and critical realism as lenses through which problems in standard valuation theory and practice are expatiated, and as the foundation for an alternative theory. The new theory is employed to explain major problems in real estate valuation that are beyond the capability of the standard theory, such as price bubbles in real estate markets, anchoring bias, client influence and valuation under uncertain market conditions.

Author : Robert Bales
Publisher : Routledge
Page : 417 pages
File Size : 19,15 MB
Release : 2017-09-08
Category : Psychology
ISBN : 1351490206

GET BOOK

Social Interaction Systems is the culmination of a half century of work in the field of social psychology by Robert Freed Bales, a pioneer at the Department of Social Relations at Harvard University. Led by Talcott Parsons, Gordon W. Allport, Henry A. Murray, and Clyde M. Kluckhohn, the Harvard Project was intended to establish an integrative framework for social psychology, one based on the interaction process, augmented by value content analysis. Bales sees this approach as a personal involvement that goes far beyond the classical experimental approach to the study of groups.Bales developed SYMLOG, which stands for systematic multiple level observation of groups. The SYMLOG Consulting Group approach was worldwide as well as interactive. It created a data bank that made possible a search for general laws of human interaction far beyond anything thus far known. In his daringsearch for universal features, Bales redefines the fundamental boundaries of the field, and in so doing establishes criteria for the behavior and values of leaders and followers. Bales offers a new "field theory," an appreciation of the multiple contexts in which people live.Bales does not aim to eradicate differences, but to understand them. In this sense, the values inherent in any interaction situation permit the psychologist to appreciate the sources of polarization as they actually exist: between conservative and liberal, individualistic and authoritarian, libertarian and communitarian. Bales repeatedly emphasizes that the mental processes of individuals and their social interactions take place in systematic contexts which can be measured. Hence they permit explanation and prediction of behavior in a more exact way than in past traditions. Bales has offered a pioneering work that has the potential to move us into a new theoretical epoch no less than a new century. His work holds out the promise of synthesis and support for psychologists, sociologists, and all who work with groups and organizations of all kinds.

Author : José Luis Cisneros Molina
Publisher : Springer Nature
Page : 616 pages
File Size : 22,49 MB
Release : 2020-10-24
Category : Mathematics
ISBN : 3030530612

GET BOOK

This volume consists of ten articles which provide an in-depth and reader-friendly survey of some of the foundational aspects of singularity theory. Authored by world experts, the various contributions deal with both classical material and modern developments, covering a wide range of topics which are linked to each other in fundamental ways. Singularities are ubiquitous in mathematics and science in general. Singularity theory interacts energetically with the rest of mathematics, acting as a crucible where different types of mathematical problems interact, surprising connections are born and simple questions lead to ideas which resonate in other parts of the subject. This is the first volume in a series which aims to provide an accessible account of the state-of-the-art of the subject, its frontiers, and its interactions with other areas of research. The book is addressed to graduate students and newcomers to the theory, as well as to specialists who can use it as a guidebook.