Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
You are equating what is normally called "intangible assets" with the "bezel". I presume this is deliberately provocative. Nitzan and Bichler include a term for "hype", a coefficient that accounts for differences between "actual" value and the value that the market assigns to assets when they are capitalized and discounted to present value. The hype can be above or below unity.  

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sun Jul 18th, 2010 at 12:13:48 PM EST
[ Parent ]

Others have rated this comment as follows:

melo 4


Occasional Series