Information, insider trading and takeover announcements

Financial mathematics;Applied mathematics;Probability;Markov chain

Qin, Wei

关键词: Financial mathematics;    Applied mathematics;    Probability;    Markov chain;   

Others  :  https://www.ideals.illinois.edu/bitstream/handle/2142/98288/QIN-DISSERTATION-2017.pdf?sequence=1&isAllowed=y

美国|英语

来源: The Illinois Digital Environment for Access to Learning and Scholarship

【 摘 要 】

This thesis focuses on the effect of takeover announcements in financial markets. We want touse a math model to analyze the inside traders' behavior when there is a potential takeoverin the market. The thesis starts with a math model to capture the stock price dynamics,and then it states the term structure behaviors under the model. The thesis also containsnumerical methods in the model calibration and validation.