Blar i Working papers (FIN) på tittel

Viser treff 9-10 av 10

    • Innovation, competition, and investment timing 

      Koskinen, Yrjö; Mæland, Jøril (Working paper;2013:3, Working paper, 2013)
      In our model multiple innovators compete against each other by submitting investment proposals to an investor. The investor chooses the least expensive proposal and when to invest in it. Innovators have to provide costly ...

    • Partial Adjustment to Public Information in the Pricing of IPOs 

      Bakke, Einar; Leite, Tore E.; Thorburn, Karin S. (Working paper, 2016-01)
      Extant literature shows that IPO first-day returns are correlated with market returns preceding the issue. We propose a new explanation for this puzzling predictability by adding a public signal to Benveniste and Spindt ...