Correction to: Does relative (absolute) efficiency affect capital costs?
نویسندگان
چکیده
An amendment to this paper has been published and can be accessed via the original article.
منابع مشابه
How Does Social Capital Affect Retweets?
In Twitter, a retweet happens when a user copies another user's tweet, making it clear that the content is someone else's, and is a common way to share information. This paper explores user’s perceptions of the way social capital influences retweet practices. We discuss how Twitter users perceive values and how they create benefits for the social network and themselves from three points of view...
متن کاملDoes Noise Trading Affect Securities Market Efficiency?
I investigate the impact of noise trading on securities market efficiency using data from short-horizon Arrow-Debreu securities traded on an online exchange. Using liquidity as a proxy for the amount of noise trading, I show that securities markets with persistently high noise trade exhibit significant pricing anomalies, such as overpricing low probability events and underpricing high probabili...
متن کاملAbsolute Identification 1 Running Head : ABSOLUTE IDENTIFICATION IS RELATIVE Absolute Identification Is Relative : A reply to
N. Stewart, G. D. A. Brown, and N. Chater (2005) presented a relative judgment model (RJM) of absolute identification, in which the current stimulus is judged relative to the preceding stimulus. S. Brown, A. A. J. Marley, and Y. Lacouture (2007) found that the RJM does not predict their finding of increased accuracy after large stimulus jumps, except at the expense of other effects. In fact, th...
متن کاملEco-evolutionary"fitness"in 3 dimensions: absolute growth, absolute efficiency, and relative competitiveness
Competitions can occur on an absolute scale, to be faster or more efficient, or they can occur on a relative scale, to “beat” one’s competitor in a zero-sum game. Ecological models have focused on absolute competitions, in which optima exist. Classic evolutionary models such as the Wright-Fisher model, as well as more recent models of travelling waves, have focused on purely relative competitio...
متن کاملWhen Does Information Asymmetry Affect the Cost of Capital?
This paper examines when information asymmetry among investors affects the cost of capital in excess of standard risk factors. When equity markets are perfectly competitive, information asymmetry has no separate effect on the cost of capital. When markets are imperfect, information asymmetry can have a separate effect on firms’ cost of capital. Consistent with our prediction, we find that infor...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Annals of Operations Research
سال: 2021
ISSN: ['1572-9338', '0254-5330']
DOI: https://doi.org/10.1007/s10479-021-04206-w