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