Sökning: "Efficient Markets"

Visar resultat 1 - 5 av 124 avhandlingar innehållade orden Efficient Markets.

1. 1. The theory of Homo comperiens, the firm’s market price, and the implication for a firm’s profitability

   Författare :Joachim Landström; Jan-Erik Gröjer; Dag Smith; Frøystein Gjesdal; Uppsala universitet; []
   Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Homo Comperiens; Inefficient Markets; Efficient Markets; Arbitrage; No-Arbitrage; Market Price; Market Value; Intrinsic Value; Residual Income; Residual Earnings; Company Valuation; Firm Valuation; Valuation; Accounting; Financial Accounting; Financial Analysis; Residual Rate-of-Return; Residual Rates-of-Returns; Business studies; Företagsekonomi;

   Sammanfattning : This thesis proposes a theory of inefficient markets that uses limited rational choice as a central trait and I call it the theory of Homo comperiens. The theory limits the alternatives and states that the subjects are aware of and only allow them to have rational preference relations on the limited action set and state set, i.e. LÄS MER

3. 2. Games and Markets - Essays on Communication, Coordination and Multi-Market Competition

   Författare :Mattias Ganslandt; Nationalekonomiska institutionen; []
   Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; International Arbitrage; Trade Liberalization; Market Access; International Oligopoly; Integrated Markets; Segmented Markets; Economic Integration; Monopolization; Entry Deterrence; Bounded Rationality; Team Behavior; Simplicity; Language; Communication; Strategic Uncertainty; Coordination Games; Equilibrium Selection; Price Discrimination; Externalities; Management of enterprises; Företagsledning; management;

   Sammanfattning : This thesis consists of a collection of essays on coordination in games and competition in international oligopolies. The first essay presents a theoretical analysis of a simple coordination game in which players simultaneously choose efforts from a compact interval. The original game has a continuum of Pareto-ranked equilibria. LÄS MER

4. 3. Design of Electricity Markets for Efficient Balancing of Wind Power Generation

   Författare :Richard Scharff; Mikael Amelin; Lennart Söder; Hannes Weight; KTH; []
   Nyckelord :TEKNIK OCH TEKNOLOGIER; ENGINEERING AND TECHNOLOGY; wind power variations; forecast errors; market design; adjustment markets; trading decisions; continuous intraday trading; variable renewable energy; Electrical Engineering; Elektro- och systemteknik;

   Sammanfattning : Deploying wind power to a larger extent is one solution to reduce negative environmental impacts of electric power supply. However, various challenges are connected with increasing wind power penetration levels. LÄS MER

5. 4. Essays on the Economics of Banks and Markets

   Författare :Ettore Panetti; Per Krusell; Elena Carletti; Stockholms universitet; []
   Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; banks; default; economic growth; financial liberalization; financial markets; hidden trades; insurance; liquidity; policy coordination; market participation; regulation; Economics; nationalekonomi;

   Sammanfattning : This thesis consists of three essays.The first essay, “A Theory of Bank Illiquidity and Default with Hidden Trades”, develops a theory of banking to explore how the availability of trading opportunities for both banks and individual investors affects the link between illiquidity and default in the financial system. LÄS MER

7. 5. On Monte Carlo simulation and analysis of electricity markets

   Författare :Mikael Amelin; Lennart Söder; Hans Ravy; KTH; []
   Nyckelord :Electrical engineering; electricity markets; power systems; monte carlo simulation; Elektroteknik; TECHNOLOGY; TEKNIKVETENSKAP;

   Sammanfattning : This dissertation is about how Monte Carlo simulation can be used to analyse electricity markets. There are a wide range of applications for simulation; for example, players in the electricity market can use simulation to decide whether or not an investment can be expected to be profitable, and authorities can by means of simulation find out which consequences a certain market design can be expected to have on electricity prices, environmental impact, etc. LÄS MER