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"Valuation methods"
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Ecosystem services valuation: a review of concepts, systems, new issues, and considerations about pollution in ecosystem services
by
Habibi, Mohsen
,
Zandebasiri, Mehdi
,
Azadi, Hossein
in
Agriculture & agronomie
,
Agriculture & agronomy
,
Aquatic Pollution
2023
Managers can determine the function of ecosystem services in decision-making processes through valuation. Ecological functions and processes that benefit people lead to ecosystem services. Valuing ecosystem services mean finding values for the benefits of ecosystem services. For the concepts related to ecosystem services and their valuation, categories in different articles have been presented. One of the most important issues is providing a suitable grouping for different methods and concepts of valuing ecosystem services. In this study, the most recent topics related to ecosystem service valuation methods were compiled and categorized by using the system theory. The aim of this study was to introduce some of the most important classical and modern methods and concepts of valuing ecosystem services. For this aim, a review of articles related to ecosystem service valuation methods, content analysis, and categorization of their contents was used to provide definitions, concepts, and categorization of different methods. To summarize, valuation methods are classified into two types: classical and modern methods. Classical approaches include the avoided cost method, the replacement cost method, the factor income method, the travel cost method, hedonic pricing, and contingent value. Modern methods include the basic value transfer method, deliberative ecosystem service valuation, valuation of climate change risks, and other cases that evolve every day in the world of science. Findings of the paper have the potential to be beneficial in comprehending the definitions and ideas of ecosystem services in ecosystem management, particularly in protected areas, participatory management, and pollutant research. This research can add to the worldwide literature on the valuing of ecosystem services while also determining the most pressing issues and difficulties of today, such as climate change, pollution, ecosystem management, and participatory management.
Journal Article
Property valuation methods in practice: evidence from Australia
by
Oyedokun, Tunbosun Biodun
,
Lam, Terence Y.M
,
Tipping, Malvern Leonard
in
Artificial intelligence
,
Automation
,
Big Data
2019
Purpose
Improving valuation accuracy, especially for sale and acquisition purposes, remains one of the key targets of the global real estate research agenda. Among other recommendations, it has been argued that the use of technology-based advanced valuation methods can help to narrow the gap between asset valuations and actual sale prices. The purpose of this paper is to investigate the property valuation methods being adopted by Australian valuers and the factors influencing their level of awareness and adoption of the methods.
Design/methodology/approach
An online questionnaire survey was conducted to elicit information from valuers practising in Australia. They were asked to indicate their level of awareness and adoption of the different property valuation methods. Their response was analysed using frequency distribution, χ2 test and mean score ranking.
Findings
The results show that the traditional methods of valuation, namely, comparative, investment and residual, are the most adopted methods by the Australian valuers, while advanced valuation methods are seldom applied in practice. The results confirm that professional bodies, sector of practice and educational institutions are the three most important drivers of awareness and adoption of the advanced valuation methods.
Practical implications
There is a need for all the property valuation stakeholders to synergise and transform the property valuation practice in a bid to promote the awareness and adoption of advanced valuation methods, (e.g. hedonic pricing model, artificial neural network, expert system, fuzzy logic system, etc.) among valuers. These are all technology-based methods to improve the efficiency in the prediction process, and the valuer still needs to input reliable transaction data into the systems.
Originality/value
This study provides a fresh and most recent insight into the current property valuation methods adopted in practice by valuers practising in Australia. It identifies that the advanced valuation methods could supplement the traditional valuation methods to achieve good practice standard for improving the professional valuation practice in Australia so that the valuation profession can meet the industry’s expectations.
Journal Article
Brand Valuation with Hirose Method: An Application in Kazakhstan
by
Syzdykova, Aziza
,
Azretbergenova, Gulmira
,
Zhetibayev, Zhanture
in
Annual reports
,
Brand equity
,
Consumer behavior
2025
Although brand value measurement is essential, a common consensus has yet to be reached. In the literature, financial-based, consumer-based and mixed brand valuation methods are used together. While financial-based brand value is calculated according to the financial data of the companies, consumer-based brand value reveals the brand value according to the perceptions and preferences of the consumers. In the literature, it has been observed that the survey method is generally used in studies where brand value is determined based on consumer behaviour, and the most commonly used method in studies where brand value is determined based on financial foundations is the Hirose method. However, this study will be the first study conducted on companies in Kazakhstan using the Hirose method. In this study, the brand value of LOTTE Rakhat JSC (Rakhat) was calculated using the financial data of two companies traded on the KASE stock exchange of Kazakhstan and operating in the field of food, which can be associated with the brand. This study is the first to use the Hirose method to measure brand equity in Kazakhstan and will pave the way for future studies.
Journal Article
Usability research in educational technology
2022
This paper presents a systematic literature review characterizing the methodological properties of usability studies conducted on educational and learning technologies in the past 20 years. PRISMA guidelines were followed to identify, select, and review relevant research and report results. Our rigorous review focused on (1) categories of educational and learning technologies that have been the focus of usability evaluation, (2) specific usability evaluation methods used, (3) outcome measures, and (4) research limitations. Findings revealed a diverse range of usability evaluation methods employed for different types of educational/learning technologies and the contexts in which those methods were used, with the majority of usability studies being performed on e-learning technologies within higher education contexts. Specific methods, instrumentation, and types of usability research found to be dominant in reviewed studies were further analyzed and classified, with findings suggesting inquiry methods using questionnaires were most prevalent. Prevalent outcome measures were also synthesized, with findings suggesting that the majority of usability research focuses on issues of technological usability, with very few studies considering pedagogical and socio-cultural aspects of usability. A number of limitations were found, including conceptual and procedural flaws, fundamental misunderstanding of usability evaluation methods, and inappropriate application of usability methods, suggesting potentially problematic and unreliable results. These findings are discussed in-depth, and implications for future research are provided.
Journal Article
Meta-Regression Analysis in Economics and Business
by
Stanley, T.D.
,
Doucouliagos, Hristos
in
Business
,
Business -- Research -- Methodology
,
Business -- Research -- Methodology -- Evaluation -- Statistical methods
2012
The purpose of this book is to introduce novice researchers to the tools of meta-analysis and meta-regression analysis and to summarize the state of the art for existing practitioners. Meta-regression analysis addresses the rising \"Tower of Babel\" that current economics and business research has become. Meta-analysis is the statistical analysis of previously published, or reported, research findings on a given hypothesis, empirical effect, phenomenon, or policy intervention. It is a systematic review of all the relevant scientific knowledge on a specific subject and is an essential part of the evidence-based practice movement in medicine, education and the social sciences. However, research in economics and business is often fundamentally different from what is found in the sciences and thereby requires different methods for its synthesis-meta-regression analysis. This book develops, summarizes, and applies these meta-analytic methods.
A Library of Analytic Indicators to Evaluate Effective Engagement with Consumer mHealth Apps for Chronic Conditions: Scoping Review
by
Pham, Quynh
,
Carrion, Carme
,
Morita, Plinio P
in
Chi-Square Distribution
,
Chronic Disease - psychology
,
Humans
2019
There is mixed evidence to support current ambitions for mobile health (mHealth) apps to improve chronic health and well-being. One proposed explanation for this variable effect is that users do not engage with apps as intended. The application of analytics, defined as the use of data to generate new insights, is an emerging approach to study and interpret engagement with mHealth interventions.
This study aimed to consolidate how analytic indicators of engagement have previously been applied across clinical and technological contexts, to inform how they might be optimally applied in future evaluations.
We conducted a scoping review to catalog the range of analytic indicators being used in evaluations of consumer mHealth apps for chronic conditions. We categorized studies according to app structure and application of engagement data and calculated descriptive data for each category. Chi-square and Fisher exact tests of independence were applied to calculate differences between coded variables.
A total of 41 studies met our inclusion criteria. The average mHealth evaluation included for review was a two-group pretest-posttest randomized controlled trial of a hybrid-structured app for mental health self-management, had 103 participants, lasted 5 months, did not provide access to health care provider services, measured 3 analytic indicators of engagement, segmented users based on engagement data, applied engagement data for descriptive analyses, and did not report on attrition. Across the reviewed studies, engagement was measured using the following 7 analytic indicators: the number of measures recorded (76%, 31/41), the frequency of interactions logged (73%, 30/41), the number of features accessed (49%, 20/41), the number of log-ins or sessions logged (46%, 19/41), the number of modules or lessons started or completed (29%, 12/41), time spent engaging with the app (27%, 11/41), and the number or content of pages accessed (17%, 7/41). Engagement with unstructured apps was mostly measured by the number of features accessed (8/10, P=.04), and engagement with hybrid apps was mostly measured by the number of measures recorded (21/24, P=.03). A total of 24 studies presented, described, or summarized the data generated from applying analytic indicators to measure engagement. The remaining 17 studies used or planned to use these data to infer a relationship between engagement patterns and intended outcomes.
Although researchers measured on average 3 indicators in a single study, the majority reported findings descriptively and did not further investigate how engagement with an app contributed to its impact on health and well-being. Researchers are gaining nuanced insights into engagement but are not yet characterizing effective engagement for improved outcomes. Raising the standard of mHealth app efficacy through measuring analytic indicators of engagement may enable greater confidence in the causal impact of apps on improved chronic health and well-being.
Journal Article
Comparisons and Limitations of Current Definitions of Bronchopulmonary Dysplasia for the Prematurity and Respiratory Outcomes Program
by
Hamvas, Aaron
,
Poindexter, Brenda B.
,
Feng, Rui
in
Bronchopulmonary Dysplasia - epidemiology
,
Bronchopulmonary Dysplasia - therapy
,
Disease Management
2015
Abstract
Rationale
Bronchopulmonary dysplasia is the most common morbidity of prematurity, but the validity and utility of commonly used definitions have been questioned.
Objectives
To compare three commonly used definitions of bronchopulmonary dysplasia in a contemporary prospective, multicenter observational cohort of extremely preterm infants.
Methods
At 36 weeks postmenstrual age, the following definitions of bronchopulmonary dysplasia were applied to surviving infants with and without imputation: need for supplemental oxygen (Shennan definition), National Institutes of Health Workshop definition, and “physiologic” definition after a room-air challenge.
Measurements and Main Results
Of 765 survivors assessed at 36 weeks, bronchopulmonary dysplasia was diagnosed in 40.8, 58.6, and 32.0% of infants, respectively, with the Shennan, workshop and physiologic definitions. The number of unclassified infants was lowest with the workshop definition (2.1%) and highest with the physiologic definition (16.1%). After assigning infants discharged home in room air before 36 weeks as no bronchopulmonary dysplasia, the modified Shennan definition compared favorably to the workshop definition, with 2.9% unclassified infants. Newer management strategies with nasal cannula flows up to 4 L/min or more and 0.21 Fi O2 at 36 weeks obscured classification of bronchopulmonary dysplasia status in 12.4% of infants.
Conclusions
Existing definitions of bronchopulmonary dysplasia differ with respect to ease of data collection and number of unclassifiable cases. Contemporary changes in management of infants, such as use of high-flow nasal cannula, limit application of existing definitions and may result in misclassification. A contemporary definition of bronchopulmonary dysplasia that correlates with respiratory morbidity in childhood is needed.
Clinical trial registered with www.clinicaltrials.gov (NCT01435187).
Journal Article
A realist process evaluation within the Facilitating Implementation of Research Evidence (FIRE) cluster randomised controlled international trial: an exemplar
2018
Background
Facilitation is a promising implementation intervention, which requires theory-informed evaluation. This paper presents an exemplar of a multi-country realist process evaluation that was embedded in the first international randomised controlled trial evaluating two types of facilitation for implementing urinary continence care recommendations. We aimed to uncover what worked (and did not work), for whom, how, why and in what circumstances during the process of implementing the facilitation interventions in practice.
Methods
This realist process evaluation included theory formulation, theory testing and refining. Data were collected in 24 care home sites across four European countries. Data were collected over four time points using multiple qualitative methods: observation (372 h), interviews with staff (
n
= 357), residents (
n
= 152), next of kin (
n
= 109) and other stakeholders (
n
= 128), supplemented by facilitator activity logs. A combined inductive and deductive data analysis process focused on realist theory refinement and testing.
Results
The content and approach of the two facilitation programmes prompted variable opportunities to align and realign support with the needs and expectations of facilitators and homes. This influenced their level of confidence in fulfilling the facilitator role and ability to deliver the intervention as planned. The success of intervention implementation was largely dependent on whether sites prioritised their involvement in both the study and the facilitation programme. In contexts where the study was prioritised (including release of resources) and where managers and staff support was sustained, this prompted collective engagement (as an attitude and action). Internal facilitators’ (IF) personal characteristics and abilities, including personal and formal authority, in combination with a supportive environment prompted by managers triggered the potential for learning over time. Learning over time resulted in a sense of confidence and personal growth, and enactment of the facilitation role, which resulted in practice changes.
Conclusion
The scale and multi-country nature of this study provided a novel context to conduct one of the few trial embedded realist-informed process evaluations. In addition to providing an explanatory account of implementation processes, a conceptual platform for future facilitation research is presented. Finally, a realist-informed process evaluation framework is outlined, which could inform future research of this nature.
Trial registration
Current controlled trials
ISRCTN11598502
.
Journal Article
Estimating the economic value of losses due to coastal erosion in the coastal areas of Karawang Regency, West Java, Indonesia
2024
Coastal damage that occurs in the coastal areas of Karawang Regency due to coastal erosion has been concerning. For this reason, coastal rehabilitation efforts must be carried out by requiring a large budget or costs. Various considerations are required to justify allocating the significant costs, including information and data on the economic losses caused by coastal erosion. Thus, this study aims to estimate the value of economic losses on various activities and assets in the coastal areas of Karawang Regency. The data analysis method employed is economic valuation analysis. The study's results show the magnitude of the economic value of losses due to coastal erosion, especially in the most severely affected areas in the coastal areas of Karawang Regency. The losses' economic value consists of the location, activities, assets, and recipients of the losses.
Journal Article
The effect of a programme to improve men’s sedentary time and physical activity: The European Fans in Training (EuroFIT) randomised controlled trial
2019
Reducing sitting time as well as increasing physical activity in inactive people is beneficial for their health. This paper investigates the effectiveness of the European Fans in Training (EuroFIT) programme to improve physical activity and sedentary time in male football fans, delivered through the professional football setting.
A total of 1,113 men aged 30-65 with self-reported body mass index (BMI) ≥27 kg/m2 took part in a randomised controlled trial in 15 professional football clubs in England, the Netherlands, Norway, and Portugal. Recruitment was between September 19, 2015, and February 2, 2016. Participants consented to study procedures and provided usable activity monitor baseline data. They were randomised, stratified by club, to either the EuroFIT intervention or a 12-month waiting list comparison group. Follow-up measurement was post-programme and 12 months after baseline. EuroFIT is a 12-week, group-based programme delivered by coaches in football club stadia in 12 weekly 90-minute sessions. Weekly sessions aimed to improve physical activity, sedentary time, and diet and maintain changes long term. A pocket-worn device (SitFIT) allowed self-monitoring of sedentary time and daily steps, and a game-based app (MatchFIT) encouraged between-session social support. Primary outcome (objectively measured sedentary time and physical activity) measurements were obtained for 83% and 85% of intervention and comparison participants. Intention-to-treat analyses showed a baseline-adjusted mean difference in sedentary time at 12 months of -1.6 minutes/day (97.5% confidence interval [CI], -14.3-11.0; p = 0.77) and in step counts of 678 steps/day (97.5% CI, 309-1.048; p < 0.001) in favor of the intervention. There were significant improvements in diet, weight, well-being, self-esteem, vitality, and biomarkers of cardiometabolic health in favor of the intervention group, but not in quality of life. There was a 0.95 probability of EuroFIT being cost-effective compared with the comparison group if society is willing to pay £1.50 per extra step/day, a maximum probability of 0.61 if society is willing to pay £1,800 per minute less sedentary time/day, and 0.13 probability if society is willing to pay £30,000 per quality-adjusted life-year (QALY). It was not possible to blind participants to group allocation. Men attracted to the programme already had quite high levels of physical activity at baseline (8,372 steps/day), which may have limited room for improvement. Although participants came from across the socioeconomic spectrum, a majority were well educated and in paid work. There was an increase in recent injuries and in upper and lower joint pain scores post-programme. In addition, although the five-level EuroQoL questionnaire (EQ-5D-5L) is now the preferred measure for cost-effectiveness analyses across Europe, baseline scores were high (0.93), suggesting a ceiling effect for QALYs.
Participation in EuroFIT led to improvements in physical activity, diet, body weight, and biomarkers of cardiometabolic health, but not in sedentary time at 12 months. Within-trial analysis suggests it is not cost-effective in the short term for QALYs due to a ceiling effect in quality of life. Nevertheless, decision-makers may consider the incremental cost for increase in steps worth the investment.
International Standard Randomised Controlled Trials, ISRCTN-81935608.
Journal Article