Similar Search Results

EGALITARIAN RULES IN CLAIMS PROBLEMS WITH INDIVISIBLE GOODS

Blanco, Carmen Herrero; Martínez, Ricardo - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2004

In this work we deal with rationing problems. In particular with claims problems with indivisible goods, that is, problems in which a certain amount of indivisible units (of an homogeneous good), has to be distributed among a group of agents, when this amount is not enough to satisfy agents'...

Persistent link: https://www.econbiz.de/10005212614

Equal split guarantee solution in economies with indivisible goods consistency and population monotonicity

Baeza, Carmen Beviá - Instituto Valenciano de Investigaciones Económicas (IVIE) - 1994

We consider the problem of allocating a finite set of indivisible goods and a single infinitely divisible good among a group of agents, and we study a solution, called the Equal Split Guarantee solution, in the presence of consistency and population monotonicity properties. This solution is not...

Persistent link: https://www.econbiz.de/10008542864

Buying several indivisible goods

Baeza, Carmen Beviá; Reus, José Angel Silva - Instituto Valenciano de Investigaciones Económicas (IVIE) - 1997

This paper studies economies where agents exchange indivisible goods and money. Agents havepotencial use for all indivisible goods and the indivisible goods are differentiated. We assume thatagents have quasilinear utilities in money, have sufficiently money endowments to afford anygroup of...

Persistent link: https://www.econbiz.de/10008550440

Fair allocation in a general model with indivisible goods

Baeza, Carmen Beviá - Instituto Valenciano de Investigaciones Económicas (IVIE) - 1994

In this paper we study the problem of fair allocation in economies with indivisible goods, dropping the usual restriction that one agent receives at most one indivisible good. We show that most of the results obtained in the literature do not hold when the above mentioned restriction is dropped.

Persistent link: https://www.econbiz.de/10008557120

- LIQUIDEZ Y MARKET MAKERS EN EL MERCADO DE FUTUROS: UN ANÁLISIS CON DATOS DE MUY ALTA FRECUENCIA

García-Montalvo, José - Instituto Valenciano de Investigaciones Económicas (IVIE) - 1998

irregularly spaced in time. The estimates are used to measure the liquidity of the market and the effect of the introduction of … market makers on liquidity. Este trabajo analiza la dinámica de los cambios de precios en el mercado de futuros español y sus …

Persistent link: https://www.econbiz.de/10005212535

The timeline of trading fricions in the European Carbon Market

Martínez, Vicente Medina; Tornero, Ángel Pardo; … - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2012

substantial improvements in terms of liquidity, adverse selection costs, and friction-related volatility from the trial phase to …

Persistent link: https://www.econbiz.de/10009652487

LA TESORERIA EN LA EMPRESA Y SUS DETERMINANTES

Teruel, Pedro J. García; Solano, Pedro Martínez - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2003

This paper analyzes the determinants of the corporate cash holding for a sampleof companies listed in the Spanish stock market. The results show that the firms have acorporate cash holding target level, and that this level is greater in companies withgreater cash flows. On the other hand, cash...

Persistent link: https://www.econbiz.de/10005812848

On downside risk predictability through liquidity and trading activity: a quantile regression approach

Sanchis-Marco, Lidia; Serrano, Antonio Rubia - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2011

proxy for market liquidity and trading conditions convey valid information to forecast the quantiles of the conditional …

Persistent link: https://www.econbiz.de/10009147134

LIQUIDITY AND INFORMATION AROUND ANNUAL EARNINGS ANNOUNCEMENTS: AN INTRADAY ANALYSIS OF THE SPANISH STOCK MARKET

Abad, David; Yagüe, José; Sanabria, Sonia - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2005

examine the levels of stock liquidity, trading activity, volatility, and asymmetric information, as well as the order … during trading and non-trading hours. We find that stock liquidity and trading activity significantly improves after the … time to evaluate the earnings news before the market opens, the improvement in liquidity is immediate, caused by higher …

Persistent link: https://www.econbiz.de/10005515848

CONCENTRACIÓN ACCIONARIAL Y LIQUIDEZ DE MERCADO: UN ANALISIS CON ECUACIONES SIMULTÁNEAS

Vera, Antonio Mínguez; Ugedo, Juan Francisco Martín - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2003

This paper analyzes the relationship between ownership concentration andshares liquidity for a sample of 115 listed … directors,major shareholders and outside shareholders on liquidity. We do not find evidence ofthe influence of liquidity on the …. Therefore,firms with higher ownership concentration present larger informative asymmetry,having less liquidity. Este trabajo …

Persistent link: https://www.econbiz.de/10005731121