Zobrazeno 1 - 10
of 39
pro vyhledávání: '"Rex Thompson"'
Publikováno v:
The Journal of Energy Markets. 8:95-121
Autor:
Rex Thompson, Ravi Sastry
Publikováno v:
SSRN Electronic Journal.
This paper generalizes the canonical information structure introduced in Kyle (1985) to allow for the arrival of sequential information events that permanently affect the value of a single risky asset. Risk-averse, competitive, informed traders know
Publikováno v:
Accounting and Finance Research. 5
Of late, both U.S. and International firms have increased the granting of performance-contingent equity awards to their executive officers. Beyond simple stock options, these awards frequently include accounting-based performance targets. Failure to
Publikováno v:
Journal of Contemporary Accounting & Economics. 7:1-17
In this study, we investigate the impact of IFRS adoption in Europe and Australia on the relevance of book value and earnings for equity valuation. Using a sample of 3488 firms that initially adopted International Financial Reporting Standards (IFRS)
Publikováno v:
Journal of Applied Econometrics. 27:235-252
We examine whether the expert appraisals provided to bidders before major art auctions are unbiased indicators of market value. Despite a strong grounding in theory, this aspect of optimal auction design has been frequently challenged in previous emp
Autor:
James L. Smith, Rex Thompson
Publikováno v:
The Quarterly Review of Economics and Finance. 49:1009-1033
The potential to invest sequentially in related assets creates a tradeoff between diversification and concentration. Loading a portfolio with correlated assets has the potential to inflate variance, but also creates information spillovers and real op
Autor:
Rex Thompson, Clare McAndrew
Publikováno v:
Journal of Banking & Finance. 31:589-607
In this paper, we examine the effect of implicit seller reserves on the estimation of value-at-risk based on historical asset sales data. We direct our examination toward how and whether fine art might prove an appropriate form of loan collateral for
Publikováno v:
SSRN Electronic Journal.
This paper extends a growing body of research into the time-series properties of return and trading dynamics caused by direct information ow across a population of investors. The market setting we explore has the virtue of extreme simplicity includin
Publikováno v:
Accounting Horizons. 13:177-199
This paper introduces a series of valuation models that mimic important features of regulatory prescriptions and legal precedent for the method of comparables as applied in estate and gift tax cases. We evaluate the models using out-of-sample estimat
Autor:
Thomas E. Barry, Rex Thompson
Publikováno v:
Journal of Education for Business. 72:303-312
Our study of over 50,000 student rating forms from a wide spectrum of business classes tested relationships among student responses to questions that measure various faculty efforts and overall instructor effectiveness. The most influential faculty i