首先通过从直观经济含义推导出来的简单模型得到逆向选择成本,并对前文提及的限价指令簿量价关系模型作稳健性分析。
This dissertation shows that adverse selection component estimates based on the price-volume model in limit order books and those obtained using popular model-free methods are closely correlated.
供应链成员在委托代理过程中追求边际效益最大化和成本最小化,容易产生逆向选择和道德风险;
Supply chain members are pursuing maximum profit and minimum cost in trust-agent relationship, which leads to converse choice and moral risk;
例如中国目前的低信任水平和信息获取的高成本造成了信任过程中较为严重的事前逆向选择。
For example, at present, lower trust level and expensive cost to obtain information cause comparatively serious averse selection in the trust building process in advance.
例如中国目前的低信任水平和信息获取的高成本造成了信任过程中较为严重的事前逆向选择。
For example, at present, lower trust level and expensive cost to obtain information cause comparatively serious averse selection in the trust building process in advance.
应用推荐