From Green Whiskers

Some economic aspects of asset valuation

Posted in: Reports / Papers

By Henry Ergas
June 13, 2000

This paper considers the choice between historical and current value approaches and the issues involved in choosing a starting position for valuation. It then analyses the role of optimisation and reviews issues associated with the treatment of excess capacity. It concludes by drawing implications for the approaches to valuation adopted by the Australian Competition and Consumer Commission... more. (pdf, size 77kb)