marketsegmentationtheory“市场分隔理论”。该理论认为:各种期限的证券市场是彼此分隔、相互独立的;长期利率和短期利率由各市场供求关系决定;投资者大多偏好期限较短、利率风险较小的债券,对长期债券的需求相对较少,因此,长期债券的价格较低,利率较高,从而其回报率曲线大多呈递增状。本题中A项是错误的,B项和C项均...
市场结构理论 在经济学中所谓市场结构(Market Structure),是指一个行业内部买方和卖方的数量及其规模分布、产品差别的程度和新企业进入该行业的难易程度的综合状态。也可以说,市场结构就是指某种产品或服务的竞争状况和竞争程度。 市场类型划分的标准...
Economic environments with uncertainty require a complete market structure to achieve optimality. Recently, it has been shown, in the context of a continuous time economy, that it is possible to generate a complete market structure with only a small number of financial securities. This result ...
This article firstly described the market structure theory and marketing theory briefly, as well as the relationship between them. 本文将首先简要阐述市场结构理论和市场营销理论的内涵,以及二者之间的关系。 www.13191.com 2. On the Basic Principle of Balance Price Theory and Market Structure Theory and...
This chapter reviews the literature which has developed around the 'bounds approach' to market structure over the past fifteen years. The focus of this literature lies in explaining cross-industry differences in concentration, and in the size distribution of firms. One of the main ideas involved ...
aThe market timing theory of capital structure predicts that undervalued firms should repurchase equity to exploit mispricing opportunities while overvalued firms should avoid repurchasing. If anything, these overvalued firms should issue stock. 资本结构的市场时间理论预言被低估的企业应该再买产权利用mispricing...
aThe trade-off theory of capital structure maintains that firms select a value-maximizing leverage ratio by trading off the costs and benefits of debt. 资本结构的交易理论主张企业通过换选择一个价值最大化的杠杆作用比率债务的费用和好处。[translate]...
This paper examines the relationship between industry profitability, sales to government, market structure, and firm size. The empirical results consistently show that government purchases of goods and services from the private sector significantly raise the profits of small firms across all industries, ...
4. market failure 5. theory of firms and structure ▼ #2.macroeconomice# 1. the level of overall economic activity 2. aggregate demand and aggregate supply 3. fiscal policy 4. monetary policy 5. supply-side policy ▼ #3.international economics# ...
The traditional theory of capital structure states that when theweighted average cost of capital (WACC)is minimized, and themarket valueof assets is maximized, an optimal structure of capital exists. This is achieved by utilizing a mix of both equity and debt capital. This point occurs where th...