创业板高科技股票IPO报价行为的博弈分析  

The Game Analysis on IPO Quotation Behavior of High-tech Stocks in the Undertaking Board

作　　者：胡一朗[1] 

机构地区：[1]莆田学院管理学院,福建莆田351100

出　　处：《科技和产业》2011年第8期100-102,共3页Science Technology and Industry

摘　　要：建立一个发行人和询价对象的动态博弈模型,分析询价对象在创业板高科技股票IPO询价阶段的报价行为。得出询价对象存在报价偏差行为的结论:当预期锁定期后公司股价看涨时,询价对象报价存在正偏差;反之相反。This paper sets up a dynamic game model between stock issuer and the inquiry objects to analyze the High-tech stocks IPO quotation behavior of inquiry objects in the undertaking board.The result had gave as follow：the inquiry objects have quoted deviation behavior.When firm＇s stock price is expected to rise after the maturity of the lockup term,the inquiry objects quotation have a plus deviation.Opposite on the contrary.

关 键 词：高科技股票 询价对象 报价 博弈 

分 类 号：F830.91[经济管理—金融学]