Wissenschaftliche Literatur Investment analysis

Črtomir Rozman, Stanislav Tojnko, Tatjana Unuk, Karmen Pažek, Mario Lešnik

Decision Support Systems in Fruit Production

Schriftenreihe agrarwissenschaftliche Forschungsergebnisse

The modern computer based decision support methods have been gaining on importance. In this book we present modern decision support methods and their application in fruit production. The real life applications presented in the book are a direct result of authors long lasting research work and until now unpublished research material in this field. The decision support software and its development methods are presented theoretically and practically on real life decision problems in fruit production. All case studies are based on Slovenian fruit production data. The…

Cedric Münzing

IPO Underpricing

Behavioral Explanations for Positive Initial Return

Finanzmanagement

When companies go public, average prices of common shares go up on the first trading day. What sounds like a marvelous investment opportunity, raises the question why issuers are willing to “leave money on the table.? This study presents a new approach based on irrational human behavior (e.g., prospect theory and herd behavior). Using a new data set of German equity offerings, the empirical test shows compelling support for the new approach. The control analysis covers a wide range of alternative proxies for information asymmetry, underpricing reduction, ownership, and…