搜索结果: 1-15 共查到“应用经济学 valuation”相关记录22条 . 查询时间(0.187 秒)
Testing the effectiveness of the oath script in reducing the hypothetical bias in the Contingent Valuation Method
cheap talk script Contingent Valuation oath script Willingness-To-Pay
2016/9/1
The objective of the study is to investigate the effect of the oath script (HO) in an hypothetical Contingent Valuation survey in a Mediterranean country (e.g. Italy). Hence, there were conducted the ...
The role of participants’ competitiveness in consumers’ valuation for food products using experimental auctions
bids lamb meat Spain
2015/10/29
The aim of the paper is to assess the effect of the participants’ competitiveness on their valuation for food products. Specifically, to investigate the effect of the participants’ competitiveness on ...
Valuation When Cash Flow Forecasts Are Biased
Forecasting and Prediction Cash Flow Cost of Capital Performance Expectations Prejudice and Bias Valuation
2015/4/23
This paper focuses adaptations to the discount cash flow (DCF) method when valuing forecasted cash flows that are biased measures of expected cash flows. I imagine a simple setting where the expected ...
Collateralized CVA Valuation with Rating Triggers and Credit Migrations
counterparty risk credit valuation adjustment CVA OTC contracts break clauses additional termination events
2012/6/5
In this paper we discuss the issue of computation of the bilateral credit valuation adjustment (CVA) under rating triggers, and in presence of ratings-linked margin agreements. Specifically, we consid...
Valuation and hedging of the ruin-contingent life annuity (RCLA)
Valuation hedging of the ruin-contingent life annuity RCLA Pricing of Securities
2012/6/5
This paper analyzes a novel type of mortality contingent-claim called a ruin-contingent life annuity (RCLA). This product fuses together a path-dependent equity put option with a "personal longevity" ...
The Valuation of Clean Spread Options: Linking Electricity, Emissions and Fuels
Valuation of Clean Spread Options Linking Electricity Emissions Fuels Pricing of Securities
2012/6/4
The purpose of the paper is to present a new pricing method for clean spread options, and to illustrate its main features on a set of numerical examples produced by a dedicated computer code. The nove...
Electricity price modeling and asset valuation: a multi-fuel structural approach
Electricity price modeling asset valuation multi-fuel structural approach Pricing of Securities
2012/6/4
We introduce a new and highly tractable structural model for spot and derivative prices in electricity markets. Using a stochastic model of the bid stack, we translate the demand for power and the pri...
Bilateral Credit Valuation Adjustment of an Optional Early Termination Clause
Counterparty risk Credit Valuation Adjustment Unilateral CVA Bilateral CVA Debit Valuation Adjustment Closeout ISDA
2012/6/4
Is an option to early terminate a swap at its market value worth zero? At first sight it is, but in presence of counterparty risk it depends on the criteria used to determine such market value. In cas...
Simultaneous determination of market value and risk premium in the valuation of firms
firm valuation DCF CAPM risk premium transfer pricing
2014/6/24
Valuing a firm using the discounted cash flow method (DCF) requires the joint determination of the market value of its equity (MVE) together with the equity risk premium (ERP) the firm should earn, si...
Valuation equations for stochastic volatility models
Valuation equations stochastic volatility models
2010/10/20
We study the valuation partial differential equation for European contingent claims in a general framework of stochastic volatility models. The standard Feynman-Kac theorem cannot be directly applied ...
The melding of financial and valuation analysis: an application
Financial analysis valuation analysis adjusted present value
2010/10/18
The purpose of this paper is to explicitly show how changes in cash flows from operating
and financing decisions made as a result of financial ratio analysis can impact the value of the firm. The pap...
The methods of valuation in agricultural accounting
biological assets, agricultural production, recognition of assets methods of valuation accounting procedure fair value historical cost impairment cost model fair value model
2014/4/2
This paper deals with the valuation of the biological assets and agricultural production. There are analyzed two approaches: Czech and international. The International Accounting Standards are emulati...
The Validity of Company Valuation Using Discounted Cash Flow Methods
The Validity of Company Valuation Discounted Cash Flow Methods
2010/10/19
This paper closely examines theoretical and practical aspects of the widely used discounted cash flows (DCF) valuation method. It assesses its potentials as well as several weaknesses. A special empha...
Calibration of One- and Two-Factor Models For Valuation of Energy Multi-Asset Derivative Contracts
Valuation Energy Multi-Asset Derivative Contracts
2010/12/13
We study historical calibration of one- and two-factor models that are known to describe relatively well the dynamics of energy underlyings such as spot and index natural gas or oil prices at differe...
Counterparty risk valuation for Energy-Commodities swaps: Impact of volatilities and correlation
Counterparty Risk, Credit Valuation adjustment Commodities Swaps,Oil models Convenience Yield models Stochastic Intensity models
2010/10/29
It is commonly accepted that Commodities futures and forward prices, in principle, agree under some simplifying assumptions. One of the most relevant assumptions is the absence of counterparty risk. I...