Results 291 to 300 of about 768,700 (333)

Modeling the Bid and Ask Prices of Options

SSRN Electronic Journal, 2021
Comonotone additivity for two price economy bid and ask prices motivates combining bid prices for call options with the ask prices for puts and the converse to construct two densities (termed lower and upper) reflected by these prices. Bilateral gamma models are fit to estimate these the lower and upper densities for 183 underlying equity assets on 26 ...
Dilip B. Madan, Wim Schoutens, King Wang
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Asking Prices as Commitment Devices

International Economic Review, 1996
Summary: This paper explores the implications of the hypothesis that an asking price is a ceiling to which a seller commits in order to provide incentives for potential buyers to incur search costs. Having attracted such a potential buyer, the seller must also determine how low to set the floor price, below which it is preferable to wait for another ...
Chen, Yongmin, Rosenthal, Robert W.
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Asking prices, selling prices, and anchoring effects

International Journal of Wine Business Research, 2015
Purpose– Commercial auctions of cultural goods are typically brokerage arrangements where potential buyers may consider pre-sale estimates (PSEs) in bidding. The economic theory suggests that PSEs should provide honest guidance – winning bids should, on average, equal PSEs – but available research from fine art and antique auctions finds otherwise. The
Denton Marks, David M. Welsch
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Optimal bid-ask price strategies

Omega, 1982
Abstract Economic analysis has begun to focus on the implications of transaction costs to trading in capital assets. Specifically, the economics of market making and the price of liquidity has received considerable attention. This paper formulates the market maker's bid-ask price decision as a semi-Markov decision process with the reward being a ...
Blyth Archibald, Jerome B Baesel, Dawson E Brewer   +2 more
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Asking Prices and Inspection Goods [PDF]

, 2012
When a seller with a single, indivisible good meets with potential buyers sequentially, the process of price determination often involves an asking price: the seller quotes a price at which he is willing to sell immediately, but he also allows bids below this price and can recall such bids after meeting with other buyers.
Ronald Wolthoff, Lodewijk Visschers, Benjamin Lester   +2 more
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Asking Price Mechanism with Dynamic Arrivals [PDF]

, 2014
This paper studies a popular selling mechanism relevant to the Australian housing market in which the seller of the object posts an asking price to attract potential buyers for further negotiations. The game is studied in a dynamic setting with the possibility of more than one potential buyer arriving at each period.
Peyman Khezr, Abhijit Sengupta
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Asymmetric Futures Price Distribution and Bid-Ask Quotes

SSRN Electronic Journal, 2009
AbstractThis study presents a model for estimating the asymmetry of the futures price with respect to the futures bid‐ask spread. Analysis of Data from the Swedish OMXS 30 index futures market shows clear evidence of futures price asymmetry, where the futures price in general tends to be closer to the bid than to the ask quote.
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Comparing alternative house price indices: evidence from asking prices in Malta

International Journal of Housing Markets and Analysis, 2013
PurposeThe paper aims to describe, construct, and compare alternative price indices for real estate in Malta over the period 1980‐2010.Design/methodology/approachThe paper utilises the technique of hedonic regression analysis to construct four hedonic price indices. One of the constructed indices is based the unconstrained hedonic methodology.
Joseph Falzon, David Lanzon
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Price Reversals, Bid-Ask Spreads, and Market Efficiency

The Journal of Financial and Quantitative Analysis, 1990
We examine the behavior of common stock prices after a large change in price occurs during a single trading day and find evidence that the stock market appears to have overreacted, especially in the case of price declines; however, the magnitude of the overreaction is small compared to the bid-ask spreads observed for the individual stocks in the ...
Allen B. Atkins, Edward A. Dyl
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Residential property price indices using asking prices: the case of Cyprus

2022
This paper uses micro data on property advertisements published in widely circulated newspapers and online to construct residential price indices for Cyprus. The sample covers the period from 2000Q1 to 2018Q2 and contains information on various property characteristics (e.g. property type, size, location).
Andreou, Sofia N., Pashourtidou, Nicoletta   +1 more
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