(2001). Asset pricing under asymmetric information: Bubbles, crashes, technical analysis and herding. Oxford, U.K: Oxford University Press.Brunnermeier, Markus-K (2001): "Asset pricing under asymmetric information: Bubbles, crashes, technical analysis, and herding"; Oxford and New York: Oxford ...
现货Asset Pricing under Asymmetric Information 已售少于100 ￥1448点击查看更多配送: 广东广州至 北京市东城区 快递: 免运费春节快递紧张,先买先发货 保障:7天无理由退货查看更多 用户评价 参数信息 图文详情 本店推荐 用户评价 参数信息 主题 无 ISBN编号 9780198296980 作者 Brunnermeier, Markus K. 出版时间 ...
This paper presents a dynamic asset-pricing model under asymmetric information. Investors have different information concerning the future growth rate of dividends. They rationally extract information from prices as well as dividends and maximize their expected utility. The model has a closed-form solutio...
This paper examines portfolio choice and asset pricing when some assets are nontraded, for instance when a country cannot trade claims to its output on wor... LEO Svensson - 《Papers》 被引量: 44发表: 1988年 Asset pricing under asymmetric information. This article investigates the impacts of ...
The chapter also provides definitions of bubbles and investigates the existence of bubbles under common knowledge. It then illustrates the importance of higher-order uncertainty for the possible existence of bubbles.Brunnermeier, Markus KAsset Pricing Under Asymmetric Information...
"Optimal dealer pricing under transactions and return uncertainty." Journal of Financial Economics 9:47–73. Huberman, G., and T. Regev. 2001. "Contagious speculation and a cure for cancer: A non-event that made stock prices soar." Journal of Finance 56(1):387–396. Kaniel, Ron, Gideon...
H. (1994). The pricing of initial public offerings: Tests of adverse-selection and signaling theories. Review of Financial Studies, 7, 279–319. Google Scholar Neugebauer, T., & Selten, R. (2006). Individual behaviour of first-price auctions: The importance of feedback information in ...
Asset Pricing under Asymmetric Information: Bubbles, Crashes, Technical Analysis, and Herding The role of information is central to the academic debate on finance. This book provides a detailed, current survey of theoretical research into the effect... MK Brunnermeier - 《Economic Journal》 被引量...
Liquidity and Asset Returns Under Asymmetric Information and Imperfect Competition We analyze how asymmetric information and imperfect competition affect liquidity and asset prices. Our model has three periods: Agents are identical in the... Dimitri,Vayanos - 《Rev.financ.stud》 被引量: 100发表: 2012...
the longer time-on- the-market should be associated with lower trading price, On the contrary, for houses in 16In the IPO literature, hot market is defined as the IPO volume and the ratio of under-pricing, in my model, the hot market is defined as the average quality about firm to go...