TY - JOUR
AU1 - BROWN, GERALD
AB - Summary The ability of valuers to correctly assess available information and impound it into valuations is essential for the operation of an efficient property market. If valuers are doing a good job then they will take into consideration that information which is relevant to the type of valuation being undertaken. In this sense the market is efficient. No market is, however, completely efficient otherwise it would be impossible to earn abnormal returns. There is, therefore, sufficient incentive for investors to acquire costly information in order to improve performance. These issues are central to understanding the role of valuation models and clearly point to the need to improve both the collection and economic interpretation of information.
TI - THE IMPORTANCE OF INFORMATION IN ASSESSING VALUE
JF - Journal of Valuation
DO - 10.1108/eb007978
DA - 1985-04-01
UR - https://www.deepdyve.com/lp/emerald-publishing/the-importance-of-information-in-assessing-value-lHaGNrp8Xg
SP - 343
EP - 349
VL - 3
IS - 4
DP - DeepDyve
ER -