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The first main result is that the valuation of R&D varies substantially across these sectors.
The third was not explicit, but showed that the valuation was reduced after hearing.
Exide's creditors committee had argued that the valuation should be $1.5 billion to $1.7 billion.
In February, the company had assured analysts that the valuation was reasonable.
One felt that the valuation was overly-rosy for too long.
One now needs to argue that the valuation functions must satisfy the single crossing condition.
Importantly, we find that the valuation system is the orchestrator of neural activity in response to status.
Assume further that the valuation of the item is independent among bidders (this corresponds to assumption A2, independent-private-values).
This auction is different than the English auction in that the valuation of the winner is known to the seller.
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That axiom became part of the feedback loop that catapulted the valuation of Internet companies.
We all have to deal with that and the valuations that we pay.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com