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L'Expertise De L'Evaluation : Une Construction Sociale

Author

Listed:
  • Carole Botton

    (Pôle Finance Responsable - Rouen Business School - Rouen Business School)

  • Julien Fouquau

    (Pôle Finance Responsable - Rouen Business School - Rouen Business School)

Abstract

This paper deals with the construction of a market value. We study a specific dynamic market characterized by a lack of definition, information and understanding concerning the quality of the exchanged assets. We provide a quantitative approach which allows for understanding the valuation process for one specific kind of investor: the broker of horses, considered as an expert on this market. In particular, we observe the criteria mostly used by this investor: the rating, official quotation calculated from qualitative characteristics. We analyze the social construction of this criteria.

Suggested Citation

  • Carole Botton & Julien Fouquau, 2014. "L'Expertise De L'Evaluation : Une Construction Sociale," Post-Print hal-01899544, HAL.
    • Handle: RePEc:hal:journl:hal-01899544
    Note: View the original document on HAL open archive server: https://hal.science/hal-01899544
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    References listed on IDEAS

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