Optimal IPO Mechanism with Retail Investors and Two Asymmetric Institutional Investors

Lu, YZ; Liu, SL

Liu, SL (reprint author), Univ Int Business & Econ, Sch Int Trade & Econ, Beijing 100029, Peoples R China.

JOURNAL OF SYSTEMS SCIENCE & COMPLEXITY, 2017; 30 (2): 411

Abstract

The authors construct an IPO selling mechanism with risk neutral retail investors, and two institutional investors that are better-informed and less-i......

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