particular reference to the issues of substitution bias and choice of aggregation dimensions. The potential costs and benefits of …

This research examines the properties of asset prices in a multi-consumer, dynamic economy under uncertainty. A linear … analysis of the factors affecting stock prices in a two consumer economy is conducted. It is shown that in addition to any … technological uncertainty, volume of transactions also affects stock prices. Finally, in a multi-consumer economy, an important …

The prices of technological equipment have seen significant declines in recent decades. In Chapter 2 of this thesis, we …

prices. It would not be over emphasizing to state that, now the stock market is shedding value, it is having a tremendous …

In this thesis I examine, within a behavioural finance framework, the impacton stock prices of order and trade … investors, affect stock prices? My dataenable me to consider the impact of net individual investor trading for the entiremarket … chapters two and threeto revisit the question of individual investor impact on stock prices. Other studieshave argued that …

investigatethis issue using a unique data set where there are no taxes on dividends and capital gainsand stock prices are decimalized …. Second, firms are highlylevered mainly through bank loans which render the role of dividends in reducing theagency costs less …

to 2007 alsoindicates that share repurchases become less effective as share prices increase toovervalued levels. While …