'Price impact' diaporamas de présentation

Market Frictions: Undiversified Investors, Illiquidity and Control

Market Frictions: Undiversified Investors, Illiquidity and Control. Aswath Damodaran www.damodran.com. Fundamental Assumptions.

895 views • 89 slides

The Cost of Illiquidity

490 views • 48 slides

Risk Management Lessons from the Credit Crisis

705 views • 41 slides

Trading Costs and Taxes

Trading Costs and Taxes. Aswath Damodaran. The Components of Trading Costs. Brokerage Cost : This is the most explicit of the costs that any investor pays but it is usually the smallest component.

344 views • 34 slides

China-EU Summer School on Complexity Sciences

Shanghai University for Science and Technology. China-EU Summer School on Complexity Sciences. Universal price impact functions of individual trades in an order-driven market. Wei-Xing ZHOU East China University of Science and Technology 14 August 2010. Outlines. 1. Order-driven markets

391 views • 28 slides

Problem Summary

Optimal Rebalancing Strategy for Pension Plans A Presentation to State Street Associates 15.451 Financial Engineering Proseminar MIT Sloan School of Management November 18, 2004. Problem Summary. Managers create portfolios comprised of various assets

447 views • 27 slides

Price Impact Costs and the Limit of Arbitrage

Price Impact Costs and the Limit of Arbitrage. Zhiwu Chen Werner Stanzl Masahiro Watanabe. Arbitrageur. Price Anomalies. Market Anomalies. Size effect (Banz, 1981; Fama & French, 1993) Smaller size, larger returns ? Long small-size & short big-size stocks

399 views • 27 slides

Bayesian Adaptive Trading with a Daily Cycle

Bayesian Adaptive Trading with a Daily Cycle. CHEN RONG ZHANG WEN JUN. O utline. Introduction and Features Price model including Bayesian update Optimal trading strategies Coding Difficulties and Justification. Introduction.

377 views • 24 slides

Trading Costs and Taxes

Trading Costs and Taxes. Aswath Damodaran. The Components of Trading Costs. Brokerage Cost : This is the most explicit of the costs that any investor pays but it is usually the smallest component.

355 views • 22 slides

Protecting the Poor With a Carbon Tax Gilbert E. Metcalf Department of Economics Tufts University

Protecting the Poor With a Carbon Tax Gilbert E. Metcalf Department of Economics Tufts University. Friedrich Ebert Foundation Financing for Development Office UN-DESA June 17, 2008. Reducing Greenhouse Gas Emissions. Many policy approaches to reducing GHG emissions Carbon Tax

324 views • 16 slides

Chapter 12 Bluffers and Market Manipulation

Chapter 12 Bluffers and Market Manipulation. Bluffers & Market Manipulation. Fool other traders into trading unwisely. Rumormongers spread rumors Price manipulators Use example!. Fundamentals of Bluffing.

167 views • 8 slides

Supply

Supply. The amount of a good or service that producers are willing and able to offer 2 Criteria must be present Must be willing to supply Must be able to supply *suppliers are only willing to supply products that make them a profit. Law of Supply.

267 views • 0 slides