The agricultural sector is of particular importance in the city of Bijar. Thus, the economic value perunit of water applid to the side effects of excessive groundwater resources in this area has a utmostimportance. Payment for estimation of water on a suitable production function was estimated revenueproducers. Therefore in this study to estimate the economic value of water resources in agricul...

In this paper we consider the valuation of an option with time to expiration T and pay-oo function g which is a convex function (as is a European call option), and constant interest rate r, in the case where the underlying model for stock prices (S t) is a purely discontinuous process (hence typically the model is incomplete). The main result is that, for \most" such models, the range of the va...

This paper examines empirically the effect of firm growth opportunities and earnings quality on the market valuation of free cash flow, defined as the difference between operating cash flows and capital expenditures. Equity valuation theory prescribes that free cash flow should not be associated with stock returns because it does not add value. However, free cash flow could become a value-relev...

We complete our proof that given an overconvergent F -isocrystal on a variety over a field of positive characteristic, one can pull back along a suitable generically finite cover to obtain an isocrystal which extends, with logarithmic singularities and nilpotent residues, to some complete variety. We also establish an analogue for F -isocrystals overconvergent inside a partial compactification....

We examine the association between the presence of monitoring board committees (i.e., audit, nomination, and remuneration) and market valuation in South Africa using a sample of listed corporations. We find a significant positive connection between the presence of monitoring board committees and market valuation, but only in corporations that have independent monitoring board committees and/or ...

h e l ow of ecosystem services from coral reefs, seagrass meadows and mangrove forests sustains the livelihoods of billions of people worldwide. Faced with the global degradation of marine and coastal ecosystems, policy makers are increasingly focusing on ecosystem service valuation techniques to encourage conservation and sustainable use of marine resources. Here we provide a review and synthe...

We examine the association between the presence of monitoring board committees (i.e., audit, nomination, and remuneration) and market valuation in South Africa using a sample of listed corporations. We find a significant positive connection between the presence of monitoring board committees and market valuation, but only in corporations that have independent monitoring board committees and/or ...

This paper analyses a bilateral trade problem with asymmetric information and ambiguity aversion. There is a buyer and a seller who bargain over the exchange of an indivisible good. The seller is privately informed about the quality of the good, which determines both his valuation and the buyer’s valuation. In the absence of ambiguity, the contract that maximizes the buyer’s payoff is a posted ...

We derive dual characterizations of two notions of weak time consistency for concave valuations, which are convex risk measures under a positive sign convention. Combined with a suitable risk aversion property, these notions are shown to amount to three simple rules for not necessarily minimal representations, describing precisely which features of a valuation determine its unique consistent up...

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. The valuation of each player is consist...