Agency-based asset pricing

DOI10.1016/J.JET.2012.09.017MaRDI QIDQ2434352zbMATH OpenOpenAlexFDO

Authors Gary Gorton, Ping He, Lixin Huang

Publication date 5 February 2014

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL http://www.nber.org/papers/w12084.pdf

zbMATH Keywords

asset pricingmanagerial tradingmoral hazardrisk-sharing

Mathematics Subject Classification ID

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Cites work

• Aggregation and Linearity in the Provision of Intertemporal Incentives
• Asset Prices in an Exchange Economy
• Capital market equilibrium with moral hazard
• Game theory
• scientific article; zbMATH DE number 52448 (Why is no real title available?)
• scientific article; zbMATH DE number 1351867 (Why is no real title available?)
• International Lending with Moral Hazard and Risk of Repudiation
• On Repeated Moral Hazard with Discounting
• Optimal cartel equilibria with imperfect monitoring
• Sequential Equilibria in a Ramsey Tax Model
• The Folk Theorem with Imperfect Public Information
• Toward a Theory of Discounted Repeated Games with Imperfect Monitoring

Cited in

(7)

• Shareholder heterogeneity, asymmetric information, and the equilibrium manager
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• Asset prices with investor protection and past information
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• Extrapolative asset pricing
• Shaking the tree: an agency-theoretic model of asset pricing

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