TY - JOUR AB - Looks at the philosophy of valuation, explaining the distinction between “worth” and “price”. Attempts to explain traditional techniques of assessing price. Looks at the development of discounted cash flow and its applications in valuations and calculations of worth. Concludes that there must be more openness with clients about valuation risks and issues so that they can make informed judgements. VL - 14 IS - 4 SN - 0960-2712 DO - 10.1108/14635789610153489 UR - https://doi.org/10.1108/14635789610153489 AU - Peto Robert AU - French Nick AU - Bowman Gillian PY - 1996 Y1 - 1996/01/01 TI - PRACTICE PAPER: Price and worth Developments in valuation methodology T2 - Journal of Property Valuation and Investment PB - MCB UP Ltd SP - 79 EP - 100 Y2 - 2024/04/25 ER -