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Intellectual Property Intensity (IPI) and the Value-Growth Effect.

Malki, Elli - EconWPA - 1997

power that results from IP and (ii) the higher risk associated with IP. Thus, the lower (higher) returns that characterize … growth (value) stocks should be attributed to market inefficiency and mispricing and not to lower (higher) risk. The positive … bias in growth stock prices is explained by the inability of investors to fully account for the risk associated with IP …

Persistent link: https://www.econbiz.de/10005561690

Intellectual property and the valuation of biotechnology

Malki, Elli - EconWPA - 1997

The role of intellectual property (IP) as an important value determinant is widely recognized. This article tries to quantify the role of IP in companies valuation by comparing a sample of biotechnology companies (46 companies included in the Genetic Engineering News Index:GEN-Dex) to the...

Persistent link: https://www.econbiz.de/10005134870

ECONOMIC / ENVIRONMENTAL SYSTEM INTERACTION

Vildosola, Luis - EconWPA - 2003

This work is focused on identifying the relationship an economic system and its policies have with the environment. The biosphere is chosen in particular as object of analysis but this can be extended by means of an ecosystem recursive properties. The common factor involved in the relationship...

Persistent link: https://www.econbiz.de/10005062749

Integrating success factors and group attitudes into the valuation of a company

Amen, Matthias - EconWPA - 2003

In the process of valuation of a company usually a number of experts work together in a team. The valuation formulas are usually based on several financial figures like the expected discounted cash flows and the expected cost of capital. But it is also based on an evaluation of the success...

Persistent link: https://www.econbiz.de/10005561732

Economia sintetica

Vildosola, Luis - EconWPA - 1998

Theoretical study identifying one modality with conditions necesary for the financial stabilization of an inherently unstable system; and 5040 other unstable dynamic modes. It draws on knowledge made available by the academic field of Control Engineering.

Persistent link: https://www.econbiz.de/10005125628

CIRCULAR VARIABLE WORK IN PROCESS

Vildosola, Luis - EconWPA - 2002

work in process inventory levels, under a particular risk allowance and a particular environmental scenario. This work …

Persistent link: https://www.econbiz.de/10005126234

"The Real Thing:" Nominal Price Rigidity of the Nickel Coke, 1886-1959

Levy, Daniel; Young, Andrew - EconWPA - 2004

We report that the price of a 6.5oz Coke was 5¢ from 1886 until 1959. Thus, we are documenting a nominal price rigidity that lasted more than 70 years! The case of Coca-Cola is particularly interesting because during the 70-year period there were substantial changes in the soft drink industry...

Persistent link: https://www.econbiz.de/10005412575

THE NIGERIAN COAL CORPORATION: AN EVALUATION OF PRODUCTION PERFORMANCE(1960 1987)

NWAOBI, DR. GODWIN CHUKWUDUM - EconWPA - 2005

COAL WAS DISCOVERED IN NIGERIA IN 1909 AND COAL MINING STARTED WITH A DRIFT MINE AT OGBETE, ENUGU IN 1915. SINCE 1958/59, WHEN COAL PRODUCTION REACHED ITS PEAK, THERE HAS BEEN A PERSISTENT FLUCTUATION IN THE AMOUNT OF COAL PRODUCED IN SUBSEQUENT YEARS. THIS PAPER THEREFORE INVESTIGATES THE MAJOR...

Persistent link: https://www.econbiz.de/10005412925

Shattering the Myth of Costless Price Changes: Emerging Perspectives on Dynamic Pricing

Bergen, Mark; Ritson, Mark; Dutta, Shantanu; Levy, Daniel; … - EconWPA - 2005

In this paper we argue that pricing is all about price changes, and that the costs of price changes are often simultaneously subtle and substantial. We discuss a framework to deal with the dynamics of changing prices. This framework incorporates customer interpretations of price changes, an...

Persistent link: https://www.econbiz.de/10005556152

Risk Analysis in Investment Appraisal

Savvides, Savvakis C. - EconWPA - 2004

as applied in the evaluation of investment projects to analyse and assess risk. The first part of the paper highlights … the importance of risk analysis in investment appraisal. The second part presents the various stages in the application of … the risk analysis process. The third part examines the interpretation of the results generated by a risk analysis …

Persistent link: https://www.econbiz.de/10005561672