美国各大专业投资银行之间力量对比均衡,构成了一个稳固的整体。
The pure American investment banks are a well-matched and well-consolidated bunch.
探讨了不确定性对投资决策的影响,笔者认为这取决于资产价格均衡关系式。
Also, the effect of uncertainty upon the investment decision is further discussed so that the authors hold that this mainly depends on asset price equilibrium condition.
上市公司通过选择最优股利支付,向市场传递有关公司现在状态和未来前景的信息,来达到内部管理层和外部投资者的信息均衡。
The public company conveys information about its condition and prospect to the market by selecting the best dividend payment in order to balance the information of managers and investors.
最后,在分析投资者个体行为的基础上提出了基于投资者偏好的主观均衡定价模型。
After analyzing the individual behavior of the investor, this paper puts forward a subjective equilibrium prices model based on the investor's preference.
目前利用博弈模型对均衡审计市场的研究还主要集中在管理者与注册会计师的博弈,而对投资人与注册会计师的博弈却很少触及。
Nowadays, researches on the equilibrium auditing market, still focus on the game between managers and CPAs, while few has been done on the game between investors and CPAs.
本文研究了过度自信的投资者在一个多阶段金融市场中是如何影响均衡价格和投资者要求的期望收益的。
The paper analyses how the overconfident investors can produce impacts on the equilibrium asset price and the expect return they asked for in a multi-period trade setting.
最后,运用均衡分析的方法对我国证券市场投资者的风险厌恶系数进行粗略的估计。
At the last part of this article, the equilibrium analysis method will be introduced to assess the risk-averse coefficient of investors in Chinese security market.
无成本假说是资本资产定价模型(CAPM)“资产均衡价格与投资者偏好无关结论”的根本原因。
The No-cost Hypothesis is the fundamental cause for "Asset equilibrium price has nothing to do with the investor's preference" in Capital Asset Prices Model (CAPM).
通过利用非合作博弈论方法建模,本文给出了这种情况下R&D投资额的纳什均衡解。
On the basis of a non - cooperative game - theoretic model, we provide R&D investment Nash equilibrium outcome under duopolistic competition.
从投资者资产配置的角度探讨了市场微观结构噪音条件下资产均衡价格波动率估计的重要性。
The importance for estimation of asset equilibrium price volatility considering market microstructure noise is analyzed from the perspective of asset allocation.
本文讨论了各种均衡状态下,信号的具体实现值对投资者异质信念与资产定价关系的影响。
But based on the realized value of signal, the under-valuation of asset may positive correlated with agents' heterogeneous beliefs.
证券交易的执行成本是信息不对称和市场供需不均衡时投资者买卖证券的风险补偿,是资产定价和市场微观结构的重要研究课题。
This paper builds on and extends existing literature on execution cost and expected return in quote - driven stock markets where market makers play a leading role in determining bid - ask spreads.
比安科建议投资者考察地区销售情况以确定公司目前的外汇风险是否分配得均衡。
Mr. Bianco recommends invest ors look at regional sales to determine how evenly companies' currency exposure is spread.
通过信号传递博弈模型,分析不完全信息下金融中介和投资者定价博弈的均衡。
It analyzes the game equilibrium in pricing mechanism with informational asymmetries between investors and financial intermediaries through a signalling game model.
投资者意见的分歧会导致股票市场的资产出清价格偏离均值,股票价格趋于均衡的波动幅度也会变大。
Divergence of investor's opinion can result in the clearing price of market diverting from the average estimate of potential investors, higher volatility thus follows.
投资者在做出投资决策时不仅仅要考虑未来每一期的消费水平,还要考虑已经形成了的消费习惯,因而会影响资产的均衡价格。
Investors should consider both the consumption each period in the future and the habit formation when they are making investment decisions, which would affect the equilibrium prices of assets.
投资者在做出投资决策时不仅仅要考虑未来每一期的消费水平,还要考虑已经形成了的消费习惯,因而会影响资产的均衡价格。
Investors should consider both the consumption each period in the future and the habit formation when they are making investment decisions, which would affect the equilibrium prices of assets.
应用推荐