IDEAS home Printed from https://ideas.repec.org/a/vaj/journl/v9y2014i1p4-33.html
   My bibliography  Save this article

The Economic Postulates of Asset Valuation Practice

Author

Listed:
  • Sorin V. STAN

Abstract

This paper is a plea encouraging valuers to appropriate apply some of the general economic principles finding their particular reflection in the specifics of asset valuation practice. In the author's view, the widely spread phrase that "valuation is more of an art than science" could result in a low appetite among professional valuers to internalize and apply economic principles appropriate. The author hopes to convince his readers otherwise, once they have followed the considerations of this material, namely that another assertion would be more appropriate, such as "valuation is an applied field of the postulates of general economic judgement, as required by the specifics of such a field". Such a assertion also helps reiterating an undeniable statement, i.e. valuation is indeed part and parcel section of economics and it relies on the judgement and principles of economics.

Suggested Citation

  • Sorin V. STAN, 2014. "The Economic Postulates of Asset Valuation Practice," The Valuation Journal, The National Association of Authorized Romanian Valuers, vol. 9(1), pages 4-33.
    • Handle: RePEc:vaj:journl:v:9:y:2014:i:1:p:4-33
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vaj:journl:v:9:y:2014:i:1:p:4-33. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stefan Alexandru (email available below). General contact details of provider: https://edirc.repec.org/data/anevaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.