Recent years have seen a push to use explicit consideration of “value” in order to drive design. This paper conveys the need to explicitly align perspectives on “value” with the method used to quantify “value.” Various concepts of value are introduced in the context of its evolution within economics in order to propose a holistic definition of value. Operationalization of value is discussed, in...

Obtaining more accurate equity value estimates is the starting point for stock selection, value-based indexing in a noisy market, and beating benchmark indices through tactical style rotation. Unfortunately, discounted cash flow, method of comparables, and fundamental analysis typically yield discrepant valuation estimates. Moreover, the valuation estimates typically disagree with market price....

In recent decades, concerns have arisen about the proper valuation of the world's forests. While some of these concerns have to do with market distortions for timber products or inadequate data on non-timber forest products, an additional issue has been the challenge of uncovering the economic worth of non-market services provided by forest ecosystems (Kramer, Healy and Mendelsohn). This has le...

The present paper reviews activity in environmental valuation by examining trends in publication rates over the past three decades. It also provides an overview of the demand for environmental valuation by academic markets and by policy markets. The results of this historical analysis suggest that there is not as much use of environmental valuation in policy analysis as could be expected given ...

anzali porter is one of the cities that is located in gilan province, is important because it's recreational and tourism attraction in the region. therefore, the study of recreational value can affect prediction requires, shortage removal and recreation expansion in the region. the purpose of current study is to estimate the recreational value of anzali wetland with contingent valuation me...

All companies deal with valuation from time to time. Capital budgeting, company and asset valuation, or value based management rely on valuation. Two approaches are the foundation of valuation, discounted cash flow valuation and relative valuation. The first one is a bottom-up approach where the present value of an asset’s future cash flows is calculated, the second determines the value of an a...

The use of recycling techniques in pavement construction offers significant benefits of resource conservation and emission reduction. While the environmental benefits are generally considered as business expenses, a new trend is to turn sustainable construction into profit. By generating financial revenue via carbon trading mechanism, asphalt producers and road builders can compensate their sus...

Embedding is the widely-observed phenomenon that a good is assigned a higher value if evaluated on its own rather than as part of a more inclusive set. Embedding is considered a serious problem affecting the quality of many environmental management and health risk policy judgments. This paper presents the results of an experiment involving of a structured, small-group approach for conducting en...

The paper develops a model through contingent valuation approach to support public authorities in the exploration and assessment of ecosystem services (ESs) generated by forest woodlands (FOWLs). This is employed cork oak forests Sardinia region (Italy) due their ability provision regulation cultural recreational values society. describes economic ESs method (CVM) with purpose explore residents...