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This first volume in a three-volume exposition of Shubik's vision of "mathematical institutional economics" explores a one-period approach to economic exchange
Three Essays in Financial Markets. The Bright Side of Financial Derivatives: Options Trading and Firm Innovation
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Do financial derivatives enhance or impede innovation? We aim to answer this question by examining the relationship between equity options markets and standard
Three Essays on Stock Market Volatility and Stock Return Predictability
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The New Stock Market
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The U.S. stock market has been transformed over the last twenty-five years. Once a market in which human beings traded at human speeds, it is now an electronic
Three Essays on Financial Markets
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