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It was he who estimated every piece in the collection and submitted a global valuation.
Otherwise, it is referred to as a global valuation problem.
We also introduce in Section 2.9 the concepts of local and global valuation problems.
All computations are run using a 4-socket server for Monte Carlo simulations, NVIDIA GPUs for algebraic calculations and Global Valuation Esther as simulation software.
More general instances of local and global valuation problems are presented in Section 6 where we examine a BSDE approach to the nonlinear markets.
The same transformation, White notes, began in Europe around 1995 and will proceed faster than in the U.S. White begins his stock-picking process by sorting companies into one of 163 global "valuation groups".
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"If the U.S. stock market loses value and this affects global valuations including those in China, then we all lose".
Here, the basic component spaces are indexed by Comp, the states of each component are taken from States (with different components using maybe only a few of the elements of States), and the global states of the system are global valuations, that is, functions that assign a state to each basic component Comp.
InTrade is a global valuations market where users can make contracts on possible outcomes; a event's price point of $18 means a user would lay $18 to win $100 if the event were to occur and get back nothing if it did not.
"However, global professional valuation companies have valued the finished penthouse at circa £160m to £170m," a spokeswoman said.
Finally, we relax the assumption that global bidders' valuation functions are convex by considering an environment with medium-sized global bidders who demand fewer than all items.
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