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SKEWNESS PREFERENCE AND THE VALUATION OF RISK ASSETS

, 1976
contributions to portfolio analysis have been based on the two parameter (meanvariance) model of portfolio selection. Markowitz's normative theory provides the basis for the positive theory of the valuation of risk assets developed by Sharpe [38] and ...
A. Kraus, R. Litzenberger
semanticscholar   +1 more source

Introduction to Property Valuation

Commercial Property Valuation, 2019
This chapter provides an introduction to the subject of Property Valuation.1 A definition of the valuation requirement (i.e. the valuation subject, purpose and date, and the value to be estimated) is provided. In the sections that follow, a focus is made
Graham Raney
semanticscholar   +1 more source

Consumer valuation of Airbnb listings: a hedonic pricing approach

, 2017
Purpose This paper aims to identify a wide array of utility-based attributes of Airbnb listings and measures the effects of these attributes on consumers’ valuation of Airbnb listings.
Yong Chen, Karen L. Xie
semanticscholar   +1 more source

Corporate Governance and Firm Valuation

, 2006
Gompers et al. [Gompers, P., Ishii, J., Metrick, A., 2003. Corporate governance and equity prices. Quarterly Journal of Economics 118, 107-155] created G-Index, a summary measure of corporate governance based on 24 firm-specific provisions, and showed ...
L. Brown, M. Caylor
semanticscholar   +1 more source

Disclosure Readability and the Sensitivity of Investors' Valuation Judgments to Outside Information

, 2017
:  Prior literature suggests that investors react less strongly to information in less readable disclosures. We extend this literature by considering how disclosure readability affects the sensitivity of investors' valuation judgments to the information ...
H. S. Asay   +2 more
semanticscholar   +1 more source

Relational values: the key to pluralistic valuation of ecosystem services

Current Opinion in Environmental Sustainability, 2018
A. Himes, B. Muraca
semanticscholar   +1 more source

The EQ-5D-5L valuation study in Korea

Quality of Life Research, 2016
Seon-Ha Kim   +6 more
semanticscholar   +1 more source

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