Browsing NHH Brage by Subject "option value"

Now showing items 1-2 of 2

    • Overpricing (and underpricing) in IPOs : a model of excess initial returns 

      Leite, Tore (Discussion paper, Working paper, 2000-12)
      This paper develops a model in which new issues, in equilibrium, may be overpriced or underpriced, depending on parameter values. The ability of an investor to withdraw from the offering upon observing unfavorable information ...

    • Sequential exporting 

      Albornoz, Facundo; Calvo Pardo, Héctor F.; Corcos, Gregory (Journal article; Peer reviewed, 2012)
      Many new exporters give up exporting very shortly, despite substantial entry costs; others shoot up foreign sales and expand to new destinations. We develop a model based on experimentation to rationalize these and other ...