earnings-based valuation disregards the firm's relative lack of success in generating cash flows in excess of investment needs …

We introduce a new solution concept for games in extensive form with perfect information: the valuation equilibrium …. The moves of each player are partitioned into similarity classes. A valuation of the player is a real valued function on … the set of her similarity classes. At each node a player chooses a move that belongs to a class with maximum valuation …

Valuation studies have considerably increased our knowledge of the value of ecosystems. Their usefulness has often been … undermined, however, by a failure to properly frame them so as to address the specific question of interest. Valuation is not a …. This paper seeks to clarify how valuation should be conducted to answer specific policy questions. In particular, it looks …

We develop a valuation formula for analyzing high growth firms using the stages of an industry lifecycle. Our model is …

In the process of valuation of a company usually a number of experts work together in a team. The valuation formulas …

issues of time and uncertainty in economics. The source of the difference between their economic ideas was the difference …

Uncertainty represented by volatilities in equity markets has been observed to be time-variable and lead output … fluctuations. In the rational expectation framework, uncertainty with this nature needs exogenous variables with time … that supervisions and law enforcement that reduce cheatings in contracts is one of the ultimate sources of uncertainty. The …