Instead of superreplication we focus here on robust good-deal hedging under volatility uncertainty for valuation at the worst-case good-deal bound.
Even after accounting for uncertainty in valuation methods, we find reducing rates of N fertilizer application offers significant opportunities to improve social welfare.
If the government takes over a bank, the taxpayers tacitly acquire its assets, thereby inheriting all the uncertainties over valuation.
These are high-risk, illiquid, unregistered products where there is tremendous valuation uncertainty.
However, the uncertainty about the valuation of asset prices is arguably no greater than the uncertainty about potential growth rates and hence the size of the output gap, which is at the heart of most central banks' inflation forecasts.
As suggested by a limited attention model, I find a stronger payoff predictive power of science for firms with lower investor attention and higher valuation uncertainty.
This paper explores how uncertainty associated with valuation of ecosystem services in agriculture affects the ranking of land use alternatives in terms of social net benefits.
Here, we estimate spatially-explicit socially optimal N fertilizer application rates for corn in Minnesota that account for uncertainty, both in valuation techniques and model parameters.
The study objectives include identifying the sources of uncertainties in PV valuation, developing a probabilistic model that incorporates the identified uncertainties into portfolios, and providing potential investors in community solar with realistic financial indicators.
For now, despite a wealth of uncertainties, with the valuation seen as attractive and the group's exposure to investment banking providing greater exposure to any economic recovery than rivals, analyst opinion continues to denote a buy.
