Browsing Congressos / RP by Subject "Mercado de capitais"

Now showing items 1-3 of 3

    • Individuals neglect the informational role of prices: evidence from the stock market 

      Chague, Fernando Daniel; Bueno, Rodrigo de Losso da Silveira; Giovannetti, Bruno Cara
      2018-02
      We find that a stock price fall in itself induces individual investors to buy the stock. That is, individuals neglect the negative information that may be attached to a stock price fall. Our identification strategy uses ...

    • Optimal selling mechanisms under moment conditions 

      Carrasco, Vinicius; Luz, Vitor Farinha; Kos, Nenad; Messner, Matthias; Monteiro, P. K.; Moreira, Humberto Ataíde
      2017-04-08
      We study the revenue maximization problem of a seller who is partially informed about the distribution of buyer's valuations, only knowing its first N moments. The seller chooses the mechanism generating the best revenue ...

    • A regulação pela informação no mercado de valores mobiliários 

      Cury, Felipe Augusto; Mendes, Leilani Dian
      2015
      The capital market within the financial system is considered to be an instrument capable of defining and raising the efficiency of the allocation of goods and funds between savers and investors in a society. Nevertheless, ...