Zobrazeno 1 - 10
of 10
pro vyhledávání: '"Jaime Sabal"'
This work studies reinforcement learning (RL) in the context of multi-period supply chains subject to constraints, e.g., on production and inventory. We introduce Distributional Constrained Policy Optimization (DCPO), a novel approach for reliable co
Externí odkaz:
http://arxiv.org/abs/2302.01727
Autor:
Jaime Sabal Cárdenas
Publikováno v:
Cuadernos Latinoamericanos de Administración, Vol 10, Iss 18 (2015)
Artículo de reflexión Al valorar una firma los flujos de caja libres después del horizonte de proyección son generalmente representados por un valor terminal. Este trabajo centra su atención en el valor terminal expresado como el valor presente
Externí odkaz:
https://doaj.org/article/6ae594b0f2ae4e56804791fd7873e58a
Autor:
Jaime Sabal
Publikováno v:
Journal of Globalization, Competitiveness, and Governability. 2:50-63
En la mayoria de las valoraciones de mercados emergentes, se anade un “premio de riesgo del pais” a la tasa de descuento CAPM de una inversion equivalente en un mercado desarrollado. No obstante, este no solo es un procedimiento erroneo, sino rea
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::9cdf3cca139a0fe0b5378ddeb0223e3f
https://doi.org/10.3232/gcg.2008.v2.n3.03
https://doi.org/10.3232/gcg.2008.v2.n3.03
Autor:
Jaime Sabal
Publikováno v:
Journal of Globalization, Competitiveness, and Governability. 3:80-88
Aunque el WACC es adecuado para la valoracion del proyecto y de la firma, no es una buena regla para tomar decisiones de inversion. Al mezclar el valor del propio proyecto con los incentivos fiscales, el WACC suele disfrazar proyectos nada atractivos
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::5dd8daab9affa6d828a999e80164c175
https://doi.org/10.3232/gcg.2009.v3.n2.05
https://doi.org/10.3232/gcg.2009.v3.n2.05
Autor:
Jaime Sabal Cárdenas
Publikováno v:
Harvard Deusto Business Research, Vol 1, Iss 2, Pp 147-157 (2013)
Due to the lack of liquid and transparent markets it is extremely difficult to estimate betas for income property returns. Because of these difficulties, the CAPM is discarded by practitioners when valuing income properties. Instead, free cash flows
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::03246e2736ffbb3227341959475de4a2
https://doi.org/10.3926/hdbr.28
https://doi.org/10.3926/hdbr.28
Autor:
Aleida Sarmiento, Jaime Sabal
Publikováno v:
The bi-annual academic publication of Universidad ESAN; Volume 12, Issue 22, June 2007; June 2007
Journal of Economics Finance and Administrative Studies; Volume 12, Issue 22, June 2007; June 2007
Revistas Universidad ESAN
Universidad ESAN
instacron:ESAN
Journal of Economics Finance and Administrative Studies (22180648) vol. 12 Issue 22 (2007)
ESAN-Institucional
Journal of Economics Finance and Administrative Studies; Volume 12, Issue 22, June 2007; June 2007
Revistas Universidad ESAN
Universidad ESAN
instacron:ESAN
Journal of Economics Finance and Administrative Studies (22180648) vol. 12 Issue 22 (2007)
ESAN-Institucional
Se identifican las empresas latinoamericanas a las cuales se les puede calcular beta y, por ende, sus tasas de descuento corporativas con un grado aceptable de confi abilidad. La selección se ha basado en las compañías cuyas acciones se cotizan co
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::21693a61c411bf68cc3fa561caa8b404
https://doi.org/10.46631/jefas.2007.v12n22.05
https://doi.org/10.46631/jefas.2007.v12n22.05
Autor:
Jaime Sabal
Publikováno v:
Journal of Applied Corporate Finance. 16:155-166
There is considerable controversy about the correct discount (or “hurdle”) rate to use when performing valuations of investments in real assets in emerging markets. The topic is particularly relevant because of the growing need to evaluate privat
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::941f0a483c86df2a6ee5f285384fc429
https://doi.org/10.1111/j.1745-6622.2004.tb00547.x
https://doi.org/10.1111/j.1745-6622.2004.tb00547.x
Autor:
Jaime Sabal
Publikováno v:
SSRN Electronic Journal.
The CAPM is not a suitable model for real estate valuation. Practitioners get around this by discounting income property free‐cash flows at a yield‐implied discount rate. However, this is wrong because it ignores that the risk implicit in non‐i
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::bda10d88ee33bc8c0a62c016b3232635
https://doi.org/10.2139/ssrn.2514236
https://doi.org/10.2139/ssrn.2514236
Autor:
Jaime Sabal
Publikováno v:
SSRN Electronic Journal.
The valuation of firms with discounted cash flows poses the problem of quantifying the terminal value. Attention is centered on one of the most common methods of doing it: assuming that the company will operate "forever" and thus calculating the fina
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::eca209837e4da5425ada0a7043eaca2d
https://doi.org/10.2139/ssrn.2358324
https://doi.org/10.2139/ssrn.2358324
Autor:
Jaime Sabal
Publikováno v:
Journal of Business Valuation and Economic Loss Analysis. 2
Miller and Modigliani's seminal papers (1958, 1963) gave rise to two alternative methodologies for project and firm valuations: the Weighted Average Cost of Capital (WACC) and Adjusted Present Value (APV). As is often the case of many larger firms in
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::b9729c6223a9b9d09e0a78a50b65dcb3
https://doi.org/10.2202/1932-9156.1016
https://doi.org/10.2202/1932-9156.1016