1,720,986 research outputs found
Gap analysis: anomalies and paradoxes, questions, dilemmas and motivations
No full textThis chapter is an innovative way to expand the current theory of value formation: for both organic value creation and intentional price setting mechanisms and processes alike. It provides a link to the economic sustainability concept and, in that way, to the broader sustainable real-estate debate. To set the agenda for developing new thoughts on value, valuation and sustainability in the built environment, the chapter summarizes the argumentation. It discusses a recognised ‘gap’ between the difficulties of valuation and the competence or awareness of individuals to sort the given difficulties. The identification of ‘gaps’ meshes sustainable development laggardness, ethical issues and other problematic circumstances. The most significant gap is in the lack of political awareness in the profession about the changes in value systems that have occurred particularly over the last 30 years. This is mainly due to the impact of neo-liberal political economic thinking on ethics and knowledg
Cyclical Capitalization
No full textAn article in the Wall Street Journal referring to Lehman Brothers explained that “When it failed the estates of the collapsed investment bank listed its real estate holding as valued at 23 billion of dollars ... e 23 billion of dollars has been written down substantially. In all, Lehman expects to receive some of 13.2 billion dollars between 2011 and 2014 . . . .” (Brown, 2011) It would be interesting to understand how the large real-estate position of one of the most important investment banks has been valued. At the moment, we know that Lehman Brothers was one of the most important players in commercial property before it collapsed. We know also that Lehman Brothers was compelled to appraise properties at fair value following the accounting principle of mark-to-market value indicated in the Financial Accounting Standard n. 157. It is well known that at the moment of the crisis, the real-estate market cycle was interested by an impressive downturn. In this contribution, the necessity of a clear improving role of property market cycle in the valuation process is highlighted. On the third anniversary of its bankruptcy, Lehman Brothers remained the most important owner and seller in this property market segment in the largest and most transparent real-estate market in the world. In particular, the attention is focused on cyclical capitalization models that
integrate income approach with the time series of the real-estate market cycle.
In particular, as a possible solution that might help to change the attitude toward property valuation, in this part, we propose a generalization of the Cyclical Dividend Discount Model introduced previously in d’Amato (2001), d’Amato (2003), and d’Amato
(2015). The main focus of the chapter is not to provide an exhaustive analysis of cyclical
capitalization modeling but to show the weak and strong points of their application. At this stage, a few empirical applications are available, but according to the formal robustness of the models and the emergent role of property market cycle, especially after the nonagency mortgage crisis, they may give an added value to valuation prac- tice. More empirical applications can be provided only in a more transparent market where it is possible to collect net operating income (NOI) and price time series at a neighborhood level. Time-series analysis represents a necessary but not a sufficient con- dition to cyclical capitalization application. Price and rent forecasts may also be based on an expectation analysis. In both the cases, market transparency is a fundamental issue for a more professional and more sustainable real-estate market. e remainder of the paper is structured as follows. A brief literature review on real-estate market cycles is presented in the first section. An outline of the “classic” income approach method for real-estate valuation is given in the second section. In the third section, an introduc- tion to cyclical capitalization is offered, and in the fourth section, application to London office market data is discussed. Final remarks are offered at the end
Going Beyond Counting First Authors in Author Co-citation Analysis
Get PDFThe present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
Variations on the Author
Get PDF“Variations on the Author” discusses two of Eduardo Coutinho’s recent films (Um Dia na Vida, from 2010, and Últimas Conversas, posthumously released in 2015) and their contribution to the general question of documentary authorship. The director’s filmography is characterized by a consistent yet self-effacing form of authorial self-inscription: Coutinho often features as an interviewer that rather than express opinions propels discourses; an interviewer that is good at listening. This mode of self-inscription characterizes him as an author who is not expressive but who is nonetheless markedly present on the screen. In Um Dia na Vida, however, Coutinho is completely absent form the image, while Últimas Conversas, on the contrary, includes a confessional prologue that moves the director from the margins to the center of his films. This article examines the ways in which these works stand out in the filmography of a director who offers new insights into the notion of cinematic authorship
Appropriate Similarity Measures for Author Cocitation Analysis
Get PDFWe provide a number of new insights into the methodological discussion about author cocitation analysis. We first argue that the use of the Pearson correlation for measuring the similarity between authors’ cocitation profiles is not very satisfactory. We then discuss what kind of similarity measures may be used as an alternative to the Pearson correlation. We consider three similarity measures in particular. One is the well-known cosine. The other two similarity measures have not been used before in the bibliometric literature. Finally, we show by means of an example that our findings have a high practical relevance.information science;Pearson correlation;cosine;similarity measure;author cocitation analysis
Dispelling the Myths Behind First-author Citation Counts
Get PDFWe conducted a full-scale evaluative citation analysis study of scholars in the XML research field to explore just how different from each other author rankings resulting from different citation counting methods actually are, and to demonstrate the capability of emerging data and tools on the Web in supporting more realistic citation counting methods. Our results contest some common arguments for the continued
use of first-author citation counts in the evaluation of scholars, such as high correlations between author rankings by first-author citation counts and other citation
counting methods, and high costs of using more realistic citation counting methods that are not well-supported by the ISI databases. It is argued that increasingly available digital full text research papers make it possible for citation analysis studies to go beyond what the ISI databases have directly supported and to employ more
sophisticated methods
koamabayili/VECTRON-author-checklist: VECTRON author checklist
No full textWe have done our best to complete the author checklist relating to the use of animals in the hut study. Note that the objective for the hut study was to evaluate the IRS treatment applications for residual efficacy against Anopheles mosquitoes, including the local An. coluzzii mosquito population. Cows were only used to attract mosquitoes into the huts and no tests were carried out directly on the cows. The author checklist is intended for use with studies where experiments are carried out on animals, which is why we have had such difficulty in completing this for the hut study, as many of the questions do not relate to how the cows were used
Author-wise bibliometric analysis based on entropy.
No full textAuthor-wise bibliometric analysis based on entropy.</p
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