You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
参 考 文 献<br />
参 考 文 献 :<br />
[1] Aboody, D.,1996. Market valuation of employee stock options. Journal of Accounting and<br />
Economics 22, 357–391.<br />
[2] Acharya, V., and L. Pedersen, 2003, Asset Pricing with Liquidity Risk, Working Paper, New<br />
York University.<br />
[3] Amihud, Y., and B.Lev, 1981. Risk reduction as a managerial motive for conglomerate<br />
mergers. Bell Journal of Economics 12, 605–617.<br />
[4] Amihud,Y. and H.Mendelson,1986,Asset Pricing and the Bid-Asked Spread. Journal of<br />
Financial Economics 17,223-249.<br />
[5] Amihud, Y., and H.Mendelson, 1991. Liquidity, maturity, and the yields on U.S. treasury<br />
securities. The Journal of Finance 46, 1411–1425.<br />
[6] Ang, Andrew, and Jun Liu, 2004. How to discount cashflows with time-varying expected<br />
returns. The Journal of Finance 59, 2745-2783<br />
[7] Arrow, Kenneth J.,and Gerard Debreu ,1954, Existence of and equilibrium for a competitive<br />
economy. Econometrica 22: 265-90.<br />
[8] Balbas A. And S. Mayoral,2006,Nonconvex Optimization for Pricing and Hedging in<br />
Imperfect Markets,Computers and Mathematics with Applications 52 , 121-136<br />
[9] Barraquand, J., and D. Martineau, 1995, “Numerical Valuation of High Dimensional<br />
Multivariate American Securities,” Journal of Financial and Quantitative Analysis 30,<br />
383–405.<br />
[10] Benes, V., E. Shep, and H. Witsenhausen, 1980, “Some Solvable Stochastic Control<br />
Problems,” Stochastics,4, 39–83.<br />
[11] Bettis, J., J.Coles, M. Lemmon, 2000, Corporate policies restricting trading by insiders.<br />
Journal of Financial Economics 57, 191–220.<br />
[12] Bettis, J., Bizjak, J., Lemmon, M., 2001, Managerial ownership, incentive contracting, and<br />
the use of zerocost collars and equity swaps by corporate insiders, Journal of Financial and<br />
Quantitative Analysis 36,345–370.<br />
[13] Black, F., and M. Scholes, 1973, “The Pricing of Options and Corporate Liabilities,” Journal<br />
of Political Economy, 81, 637–654.<br />
101