The concept of value is of great importance for investors. The goal of different groups of investors is always to maximize the value of their capital. The aim of this research is developing factors effective on securities in capital market in order to develop a paradigm for fair valuation that leads investors to make better decisions. To study fair value in a precise and comprehensive way, effe...

The prices of wine is a key topic for market participants interested in valuing their stock, including dealers, restaurants or consumers who may be interested in optimizing their purchases. As a closely related issue, re-valuation is the need to regularly update the value of a stock. This need is especially met by fund managers in the growing industry of wine as an investment. In this case, fai...

We initiate the study of the communication complexity of fair division with indivisible goods. We focus on the most well-studied fairness notions (envy-freeness, proportionality, and approximations thereof) and valuation classes (submodular, subadditive and unrestricted). Our results completely resolve whether the communication complexity of computing a fair allocation (or determining that none...

Private company valuation is typically performed by BV professionals who regularly estimate the value of nonmarketable interests. In order to develop a valuation estimate, BV professionals review and interpret empirical evidence to support decision making. For example, for the valuation of nonmarketable interests—within the context of a fair market value business valuation—there is typically a ...

The Indian capital market has shown signs of buoyancy and dynamism in the recent past. There is a very real need, therefore, to nurture and to give positive direction to the emerging trends in this sphere of economic activity. It is in this context that regulatory agencies have a critical role in providing the right kind of support to avoid bunching of issues as well as in protecting investors ...

We consider the fair valuation of a participating life insurance policy with surrender options when the market values of the asset are modelled by Markov-modulated Geometric Brownian Motion (GBM). We reduce the dimension of the optimal stopping problem for the policy by changing probability measures. We also provide a decomposition result for the value of the policy. The Barone-Adesi-Whaley app...

This paper focuses on increasing the validity of biodiversity valuation. A group deliberation technique (Deliberative Monetary Valuation) is supplemented by a contingent valuation (CV) survey. An exceptionally large number of focus groups provided basis for applying a relatively unproven methodology and comparing the results with CV. We present evidence that our interpretation of DMV tackles so...

In this paper we address the issue of how to establish the fair value of an insurance-linked liability. This is done by considering the introduction into a simple, one-period market model of a new and quite general security (which, amongst other things, could be such a liability). We investigate the impact of this new security on the market and attempt to predict the price (the fair value) at w...