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Breaking through conceptual roadblocks that at bottom are based on
a lack of exposure to valuation procedures rather than on any
uncertainty about legal principles, this enormously useful volume
is addressed particularly to the many arbitrators with sound
commercial knowledge but little hands-on experience with valuation
studies. It provides a clear understanding of the nuts and bolts of
valuation methods, drawing on a prodigious wealth of standards and
procedures endorsed by internationally respected institutions, as
well as on relevant decisions of a wide variety of local, national,
and international fora. It reviews tools that arbitrators may
employ to reach their final compensation assessment on a principled
basis. The book's many practical recommendations greatly elucidate
the decision making processes entailed in three central aspects of
the arbitrator's role:
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