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2013-04-25Buch DOI: 10.18452/4458
Fair re-valuation of wine as an investment
dc.contributor.authorBocart, Fabian Y.R.P.
dc.contributor.authorHafner, Christian M.
dc.date.accessioned2017-06-16T00:50:02Z
dc.date.available2017-06-16T00:50:02Z
dc.date.created2013-07-11
dc.date.issued2013-04-25
dc.date.submitted2013-04-25
dc.identifier.issn1860-5664
dc.identifier.urihttp://edoc.hu-berlin.de/18452/5110
dc.description.abstractThe prices of wine is a key topic for market participants interested in valuing their stock, including dealers, restaurants or consumers who may be interested in optimizing their purchases. As a closely related issue, re-valuation is the need to regularly update the value of a stock. This need is especially met by fund managers in the growing industry of wine as an investment. In this case, fair-value measurement is compulsory by law. We briefly review methods available to funds and introduce a new quantitative method aimed at meeting IFRS 13 compliance for fair valuation. Using auction data, we apply our method to compute current fair value of a basket of wines.eng
dc.language.isoeng
dc.publisherHumboldt-Universität zu Berlin, Wirtschaftswissenschaftliche Fakultät
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/
dc.subjecthedonic regressioneng
dc.subjectIFRS13eng
dc.subjectrepeated saleseng
dc.subjectwine investmenteng
dc.subject.ddc310 Statistik
dc.subject.ddc330 Wirtschaft
dc.titleFair re-valuation of wine as an investment
dc.typebook
dc.identifier.urnurn:nbn:de:kobv:11-100210969
dc.identifier.doihttp://dx.doi.org/10.18452/4458
local.edoc.container-titleSonderforschungsbereich 649: Ökonomisches Risiko
local.edoc.pages17
local.edoc.type-nameBuch
local.edoc.container-typeseries
local.edoc.container-type-nameSchriftenreihe
local.edoc.container-volume2013
local.edoc.container-issue18
local.edoc.container-year2013
local.edoc.container-erstkatid2195055-6

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