... welfare are subject to a number of problems. Ultimately, there are issues of equity as well as efficiency so that a test that just looks at efficiency issues is problematic. Practical implications – Understanding the weaknesses in the theoretical models behind compulsory purchase compensation can...

... with existing statute (e.g. Landlord and Tenant Act 1954) and contractual provisions such as tenant break clauses. Findings – The prospect of being unable to let commercial premises that fall below a specified energy efficiency rating must focus landlord attention on rights to enter to carry out...

... market efficiency, individual and market worth, and the use of risk analysis in the calculation. Finally, it recommends a shorter analysis period in view of the uncertainty in the estimation of the variables. © MCB UP Limited 2000 Investment Markets Efficiency Sensitivity analysis...

... and the valuation, on the date of close of tenders, with a positive result if market price exceeds valuation and a negative result if valuation exceeds market price. An analysis of Table I indicates the following interesting findings: Appraisals Efficiency Negligence Valuation Much has been...

... role property valuation plays in introducing a system of capital accounting that ensures that the financing of the public sector is not expenditure‐driven, but subject to value‐for‐money tests, and meets the economy and efficiency criteria which this requires. The quote appears on the first page...