Pricing Constraint and the Complexity of IPO Timing in the Stock Market: A Dynamic Game Analysis

The timing of an initial public offering (IPO) is a complex dynamic game in the stock market. Based on a dynamic game model with the real option, this paper investigates the relationship between pricing constraint and the complexity of IPO timing in the stock market, and further discusses its mechan...

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Bibliographic Details
Main Authors: Zhiqiang Hu, Yuan Hu, Yushan Jiang, Zhen Peng
Format: Article
Language:English
Published: MDPI AG 2020-05-01
Series:Entropy
Subjects:
Online Access:https://www.mdpi.com/1099-4300/22/5/546