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Ex ante value

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Ex ante value
The forecasted price or value.


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We list a number of empirical studies that proxy for ex ante value uncertainty, but we are aware of no studies that have yet proposed proxies for ex post value uncertainty.
23) Finally, inability to determine the ex ante value of a research tool will create asymmetric valuations that can lead to breakdowns in the negotiating process.
While good firms are undervalued and bad firms are overvalued by misrepresentation, these effects offset each other so that the ex ante value of the firm remains unaffected under investor rationality.
 
 
 
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