FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W2276092681> ?p ?o ?g. }

• W2276092681 abstract "This Paper provides an overview of recent developments in the value and valuation theories, not bypassing last year's Nobel Prize in Economics award to R. Myerson which is treated as the event again heralding the acknowledgment of the individual's worth perspective and its practical impact on valuation theory after many years of its obscurity under the shadows of the Modern portfolio theory (MPT). According to one classificational practice, we regard such a comeback of the individual's worth perspective as a strand within the postneoclassic economics movement. It is argued that currently there exist two types of pricing models based on the postneoclassical valuation perspective: 1) gains-from-trade models formulated in the game-theoretical language of modern economics and utilizing the notion of Nash equilibrium as a stable solution and 2) zero-gains-from-trade models which, while retaining the 'transactions based perspective' of valuation still seek to decompose worth estimates (treated as a priori exogenous inputs in the previous class of models) and tie them up with a broader prevailing investment climate through the built-in reflection of portfolio composition practices. Whilst the former class of models has gained wide recognition among economists and valuation theorists worldwide, this latter zero-gains-from-trade class has only recently been proposed and analyzed in works by Vladimir Michaletz, Victor and Valeriy Galasuyk and others but has much more to commend itself in terms of its practicability and ease of use. Hence, this Paper draws comparisons and highlights differences between the two classes of models based on 'understanding-the-world-in-terms-of human-actions' postneoclassical/Neo-Austrian paradigm. While such worth-based perspective has by now been firmly established among the theorists, it still awaits recognition from standard setters of the valuation profession. Since a focal role in the valuation standard-setting process resides with the International Valuation Standards Committee, the Paper proposes a way to trace all bases of valuation existing in the current 2007 corpus of the IVSs to the individual worth (Investment value) and formulate other bases of value in terms of it. Such a reduction is illustrated with what is called the 'Venn's diagram of the Bases of Professional Valuation'." @default.
• W2276092681 created "2016-06-24" @default.
• W2276092681 creator A5053972482 @default.
• W2276092681 creator A5084786381 @default.
• W2276092681 date "2008-05-24" @default.
• W2276092681 modified "2023-09-28" @default.
• W2276092681 title "Postneoclassical Movement in the Practical Theory of Valuation: The Trend from Value to Worth and the International Valuation Standards 2007" @default.
• W2276092681 hasPublicationYear "2008" @default.
• W2276092681 type Work @default.
• W2276092681 sameAs 2276092681 @default.
• W2276092681 citedByCount "0" @default.
• W2276092681 crossrefType "posted-content" @default.
• W2276092681 hasAuthorship W2276092681A5053972482 @default.
• W2276092681 hasAuthorship W2276092681A5084786381 @default.
• W2276092681 hasConcept C106159729 @default.
• W2276092681 hasConcept C118084267 @default.
• W2276092681 hasConcept C121955636 @default.
• W2276092681 hasConcept C144237770 @default.
• W2276092681 hasConcept C162324750 @default.
• W2276092681 hasConcept C175444787 @default.
• W2276092681 hasConcept C186027771 @default.
• W2276092681 hasConcept C2780821815 @default.
• W2276092681 hasConceptScore W2276092681C106159729 @default.
• W2276092681 hasConceptScore W2276092681C118084267 @default.
• W2276092681 hasConceptScore W2276092681C121955636 @default.
• W2276092681 hasConceptScore W2276092681C144237770 @default.
• W2276092681 hasConceptScore W2276092681C162324750 @default.
• W2276092681 hasConceptScore W2276092681C175444787 @default.
• W2276092681 hasConceptScore W2276092681C186027771 @default.
• W2276092681 hasConceptScore W2276092681C2780821815 @default.
• W2276092681 hasLocation W22760926811 @default.
• W2276092681 hasOpenAccess W2276092681 @default.
• W2276092681 hasPrimaryLocation W22760926811 @default.
• W2276092681 hasRelatedWork W103945154 @default.
• W2276092681 hasRelatedWork W1482103446 @default.
• W2276092681 hasRelatedWork W1598537735 @default.
• W2276092681 hasRelatedWork W1605428771 @default.
• W2276092681 hasRelatedWork W2053368114 @default.
• W2276092681 hasRelatedWork W2072821474 @default.
• W2276092681 hasRelatedWork W2076856372 @default.
• W2276092681 hasRelatedWork W2218861319 @default.
• W2276092681 hasRelatedWork W2223067775 @default.
• W2276092681 hasRelatedWork W2248853082 @default.
• W2276092681 hasRelatedWork W2257536307 @default.
• W2276092681 hasRelatedWork W2262090280 @default.
• W2276092681 hasRelatedWork W2318893110 @default.
• W2276092681 hasRelatedWork W2322833716 @default.
• W2276092681 hasRelatedWork W2371497955 @default.
• W2276092681 hasRelatedWork W2490267617 @default.
• W2276092681 hasRelatedWork W2994425842 @default.
• W2276092681 hasRelatedWork W3014235832 @default.
• W2276092681 hasRelatedWork W3121873372 @default.
• W2276092681 hasRelatedWork W3121873742 @default.
• W2276092681 isParatext "false" @default.
• W2276092681 isRetracted "false" @default.
• W2276092681 magId "2276092681" @default.
• W2276092681 workType "article" @default.