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我国股票市场中的单边做多机制决定了股价运行会呈现出累积成本效应。本文从投资者成本构成的角度,分别讨论了股票交易在确定性和不确定性条件下累积成本效应的数量关系,并论证了股市中可能存在的预期收益与风险的非对称性。
Abstract：In Chinese stock market,one-tier long mechanism results in accumulating cost effect in stock prices.From the angle of the composition of investors' cost,this article discusses quantitative relationships under the condition of certainty and uncertainty separately and,and then demonstrates the possible expected return and risk asymmetry.
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基本信息:
DOI：10.14134/j.cnki.cn33-1336/f.2005.11.012
中图分类号:F832.51;
引用信息:
[1]李腊生,张艳莉.论我国股票市场中的累积成本效应[J].商业经济与管理,2005(11).DOI:10.14134/j.cnki.cn33-1336/f.2005.11.012.
2005-11-25
2005-11-25