School of Economics and Finance: Recent submissions
Now showing items 1-20 of 447
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The asymptotics of price and strategy in the buyer’s bid double auction
(2023-01-01)In a model with correlated and interdependent values/costs, we identify for the buyer’s bid double auction the asymptotic distributions of the price and of two order statistics in the first order conditions for optimal ... -
The Wall Street stampede: Exit as governance with interacting blockholders
(2022-05-01)The growth of the asset management industry has made it commonplace for firms to have multiple institutional blockholders. In such firms, the strength of governance via exit depends on how blockholders react to each other's ... -
Testing Negative Value of Information and Ambiguity Aversion
The standard Subjective Expected Utility model of decision-making implies that information can never have a negative value ex-ante. Many ambiguity theories have since questioned this property. We provide an experimental ... -
Uncertainty, imperfect information, and expectation formation over the firm’s life cycle
(Elsevier, 2023-08) -
Do Tax Increases Tame Inflation?
(American Economic Association, 2023-05-01) -
Fiscal and Education Spillovers from Charter School Expansion
This folder contains the replication files for the paper & Fiscal and Education Spill overs from Charter School Expansion by Matthew Ridley and Camille Terrier -
The Contribution of Transaction Costs to Expected Stock Returns: A Novel Measure
We document that a theoretically founded, real-time, and easy-to-implement option-based measure, termed synthetic-stock difference (SSD), accurately estimates the part of stock’s expected return arising from stock’s ... -
Discussion of "Risk Preference types, limited consideration, and Welfare" by Levon Barseghyan and Francesca Molinari
(Taylor and Francis Group, 2023-10-05)
