Results 241 to 250 of about 11,371,276 (295)
Some of the next articles are maybe not open access.
Asymmetric Information and Options
Review of Financial Studies, 1993In an extension of the Kyle (1985) model of continuous insider trading, it is shown that asymmetric information can make it impossible to price options by arbitrage. Even when an option would appear to be redundant, its introduction into the market can cause the volatility of the underlying asset to become stochastic.
openaire +2 more sources
Asymmetric information phenomenon in the link between CEO pay and firm performance
Journal of Economic Studies, 2019PurposeThe purpose of this paper is to examine the asymmetric behavior between CEO pay and firm performance in Nigeria.Design/methodology/approachThe study adopts a two-step dynamic panel generalized method of moments (GMM) to reveal asymmetric responses
C. Olaniyi
semanticscholar +1 more source
On the Informativeness of Asymmetric Dissimilarities
2013A widely used approach to cope with asymmetry in dissimilarities is by symmetrizing them. Usually, asymmetry is corrected by applying combiners such as average, minimum or maximum of the two directed dissimilarities. Whether or not these are the best approaches for combining the asymmetry remains an open issue. In this paper we study the performance of
Yenisel Plasencia Calana +6 more
openaire +1 more source
Momentum and asymmetric information
China Finance Review International, 2006PurposeThe purpose of this paper is to examine the implications of asymmetric information for price evolution and investor behavior under a rational expectations framework.Design/methodology/approachThe author presents a simple asymmetric information‐based asset‐pricing model to show that private information and its revelation can generate price ...
openaire +1 more source
American Journal of Health Economics, 2017
The diversion of controlled prescription drugs can arise through “doctor shopping,” where a patient obtains multiple prescriptions from different health-care providers without the providers' knowledge of the other prescriptions.
Angélica Meinhofer
semanticscholar +1 more source
The diversion of controlled prescription drugs can arise through “doctor shopping,” where a patient obtains multiple prescriptions from different health-care providers without the providers' knowledge of the other prescriptions.
Angélica Meinhofer
semanticscholar +1 more source
Employment With Asymmetric Information
The Quarterly Journal of Economics, 1983In an economy without informational and other distortions, entrepreneurs and workers can write labor contracts that support a Pareto optimal allocation of resources. This paper is an attempt to characterize contracts when enterpreneurs are better informed about the state of nature than are their workers.
openaire +2 more sources
Asymmetric Information in Fads Models
Finance and Stochastics, 2006The authors study fads models as plausible alternatives to the efficient markets/constant expected returns assumptions. Under these models, logarithms of asset prices embody both a martingale component, with permanent shocks, and a stationary component, with temporary shocks. The basic questions are: do the fads exist and if they exist, do they matter?
openaire +1 more source
Bargaining under Asymmetric Information
Econometrica, 1984Summary: This paper investigates two-person bargaining under incomplete information where one player has strictly better information about the potential value of the transaction than the other. The implications of information barriers to trade are explored, and optimal bargaining mechanisms are characterized.
openaire +1 more source
Manufacturer encroachment with quality decision under asymmetric demand information
European Journal of Operational Research, 2019This paper investigates manufacturer encroachment with both endogenous quality decision and asymmetric demand information to examine the effects of encroachment and information structure on quality and profits for chain members. Manufacturer encroachment
Jianxiong Zhang +3 more
semanticscholar +1 more source
Initial coin offerings, asymmetric information, and loyal CEOs
Small Business Economics, 2020Paul P. Momtaz
semanticscholar +1 more source