Economic Obsolescence: Determining Loss of Value Caused by External Factors

Business Valuation UpdateVol. 23 No. 8
August 2017
Joseph Mickle, ASA
Charles Sapnas, CFA, ASA


(Editor’s note: Economic obsolescence is a topic that deserves more attention than it has been given. While the phenomenon arises regularly, it is often overlooked in a valuation analysis. Also, there is scant information on it in the main business valuat ...