Perante a evidência de um mispricing entre o preço do contracto de Futuros PSI-20 e o preço teórico do Futuro PSI-20 …

By analyzing fictitious options - a unique approach - significant mispricing due to the formula of Black and Scholes …

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 …