Detail publikace

Solving dynamic model of information dissemination in capital markets

NOVOTNÁ, V. ŠKAPA, S. MELUZÍN, T.

Originální název

Solving dynamic model of information dissemination in capital markets

Typ

článek v časopise ve Web of Science, Jimp

Jazyk

angličtina

Originální abstrakt

The main reason why companies decide to realize with IPO is to gain access to new funding and they want to signal its quality to the market. The publication presents a model of information dissemination in capital markets. We look upon dissemination of the information as similar to viral infection in epidemiology. The aim of the paper is to use the newly created mathematical apparatus enabling the analysis of dynamic models’ behavior, and more complex and detailed study of their behaviors even if some of the variables respond to stimuli with non-constant time delay. This procedure involves the use of the a priori solution estimate method to design an original solution of boundary value problems for equations (systems) with delay(s) through a sequence of simpler boundary value problems without delay. The results are demonstrated on a specific example and the behavior of the model is presented using a computer simulation.

Klíčová slova

capital market; Initial Public Offering; nonlinear ordinary differential equations

Autoři

NOVOTNÁ, V.; ŠKAPA, S.; MELUZÍN, T.

Vydáno

1. 12. 2020

Nakladatel

Academy of Economic Studies in Bucharest

Místo

Bucharest

ISSN

0424-267X

Periodikum

Economic Computation and Economic Cybernetics Studies and Research

Ročník

2020

Číslo

4

Stát

Rumunsko

Strany od

119

Strany do

134

Strany počet

16

URL

http://www.ecocyb.ase.ro/nr2020_4/8.%20Stanislav%20SKAPA,%20Veronica%20Novotna,%204,2020%20(T).pdf

BibTex

@article{BUT167343,
  author="Veronika {Novotná} and Stanislav {Škapa} and Tomáš {Meluzín}",
  title="Solving dynamic model of information dissemination in capital markets",
  journal="Economic Computation and Economic Cybernetics Studies and Research",
  year="2020",
  volume="2020",
  number="4",
  pages="119--134",
  doi="10.24818/18423264/54.4.20.08",
  issn="0424-267X",
  url="http://www.ecocyb.ase.ro/nr2020_4/8.%20Stanislav%20SKAPA,%20Veronica%20Novotna,%204,2020%20(T).pdf"
}