Modern Versus Traditional Assets Allocation Models on Imperfect Markets—Which One Is More Convenient for Investors?

2019 ◽  
pp. 199-209
Author(s):  
Jelena Janjusevic
Keyword(s):  
Imperfect Markets

Options Arbitrage in Imperfect Markets

1989 ◽  
Vol 44 (5) ◽  
pp. 1289-1311 ◽  
Author(s):  
STEPHEN FIGLEWSKI
Keyword(s):  
Imperfect Markets

Alliances, Imperfect Markets, and Major-Power Trade

2004 ◽  
Vol 58 (04) ◽  
Author(s):  
Joanne Gowa ◽  
Edward D. Mansfield
Keyword(s):  
Imperfect Markets ◽  
Major Power ◽  
Power Trade

scholarly journals Herding in Imperfect Betting Markets with Inside Traders

2013 ◽  
Vol 2 (2) ◽  
pp. 1-16 ◽  
Author(s):  
Adi Schnytzer ◽  
Avichai Snir
Keyword(s):  
Strong Evidence ◽  
Weak Sense ◽  
Imperfect Markets ◽  
Herding Behavior ◽  
Inside Information ◽  
Risky Assets ◽  
Betting Markets

Herding is often considered as a phenomenon that drives prices of risky assets away from their equilibrium levels. In this paper we study the on-course UK and Australian horse betting markets. These are simple examples of imperfect markets for state-contingent assets. We provide strong evidence of herding behavior and show that the effects of herding are occasionally sufficient to render the markets inefficient even in the weak sense. Furthermore, the results demonstrate that traders with inside information are not always able to arbitrage away the effects of herding.

scholarly journals Thermodynamics Expression in Action within Entrepreneurial Process

2021 ◽  
Author(s):  
David Leong
Keyword(s):  
Social Constructionist ◽  
Invisible Hand ◽  
Imperfect Markets ◽  
Unified Theory ◽  
Entrepreneurial Process ◽  
Physical Systems ◽  
Naturally Occurring ◽  
Energy Gradient ◽  
Process View ◽  
Entrepreneurial Action

<div> <div> <div> <p>Up until now, entrepreneurship study has not developed a unified theory with key concepts that can elucidate the holistically process-driven characteristics of entrepreneurial venturing. What spur entrepreneurs to action along the process-driven pathway? This paper intends to relate the business of entrepreneurship and entrepreneurial actions and activities to thermodynamic and energy gradient-manipulation mechanism. Taking entrepreneurial venturing from a process view and in an attempt to reconstruct the entrepreneurial process by illustrating a range of relevant perspectives from energy gradients in naturally occurring chemical , biological and physical systems basing on interpretive and phenomenological, social constructionist angle; this paper hopes to pull together a unifying theory on action-based activities in entrepreneurial venturing with thermodynamic concepts and expressions with gradient-manipulation mechanism to explain the entrepreneurial action-motion phenomena. The gradient-manipulating mechanism and thermodynamic expressions thus become the “nature” invisible hand that operates the motion of actions. Kirzner’s theory of entrepreneurship explains the coordination of markets and of knowledge. It is that knowledge, the recognition of the opportunities in the actual imperfect markets that triggers the gradient-manipulation mechanism. </p> </div> </div> </div>

Imperfect Markets

2015 ◽  
pp. 1-4
Author(s):  
S. Prakash Sethi
Keyword(s):  
Imperfect Markets

Imperfect markets and government policy

Society ◽  
1979 ◽  
Vol 16 (5) ◽  
pp. 5-15
Author(s):  
Robert R. Nathan
Keyword(s):  
Government Policy ◽  
Imperfect Markets
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