CKGSB & CEIBS 2011

grossman

Cao Huining Henry, Professor of Finance at CKGSB

…, HH Cao - The Journal of Finance, 1997 - JSTOR
DESPITE THE APPARENT advantages of the international diversification of equity portfolios,
demonstrated by Grubel (1968), Levy and Sarnat (1970) and Solnik (1974), and despite the general
relaxation of controls on foreign portfolio investments by developed countries that took ...
Cited by 664 - Related articles - Library Search - BL Direct - All 10 versions

Imperfect competition among informed tradersK Back, CH Cao… - The journal of finance, 2000 - Wiley Online Library
ABSTRACT We analyze competition among informed traders in the continuous-time Kyle
~1985! model, as Foster and Viswanathan ~1996! do in discrete time. We explic- itly describe
the unique linear equilibrium when signals are imperfectly cor- related and confirm the ...
Cited by 159 - Related articles - BL Direct - All 12 versions

Information, trade, and derivative securities
[PDF] from nsd.edu.cn…, HH Cao - Review of Financial Studies, 1996 - Soc Financial Studies
Information, Trade, and Derivative Securities Michael J. Brennan University of California, Los
Angeles, and London Business School H. Henry Cao University of California, Los Angeles Hellwig's
(1980) model is used to analyze the value of improving trading opportunities by more ...
Cited by 104 - Related articles - Library Search - BL Direct - All 11 versions

Inventory information
[PDF] from psu.eduHH Cao, RK Lyons… - 2003 - nber.org
... a permanent effect from inventory information that ranges between 15 and 30 percent of that
from public information. H. HenryCao Richard K. Lyons University Of North Carolina-Chapel
Hill Haas School of Business, UC Berkeley Department of Finance ...
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alexdu

长江也就靠点教授来吸引人吗

alexdu

遮遮掩掩的特点真是体现了李嘉诚基金会的狡猾

grossman

Huang Ming, Professor of Finance at CEIBS

Prospect Theory and Asset Prices*[PDF] from cenet.org.cnN Barberis, M Huang… - Quarterly Journal of Economics, 2001 - MIT Press
We study asset prices in an economy where investors derive direct utility not only from consumption
but also from fluctuations in the value of their financial wealth. They are loss averse over these
fluctuations, and the degree of loss aversion depends on their prior investment ...
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Does fund size erode mutual fund performance? The role of liquidity and organization[PDF] from cornell.eduJ Chen, H Hong, M Huang… - The American Economic …, 2004 - ingentaconnect.com
We investigate the effect of scale on performance in the active money management industry.
We first document that fund returns, both before and after fees and expenses, decline with lagged
fund size, even after accounting for various perfor- mance benchmarks. We then explore ...
Cited by 283 - Related articles - All 27 versions

Stocks as lotteries: The implications of probability weighting for security prices[PDF] from psu.edu…, M Huang - 2007 - nber.org
We are grateful to Alon Brav, Michael Brennan, Markus Brunnermeier, John Campbell, Bing
Han, Harrison Hong, Jon Ingersoll, Bjorn Johnson, Mungo Wilson, Hongjun Yan, and seminar
participants at the AFA meetings, Columbia University, Cornell University, Dartmouth ...
Cited by 193 - Related articles - BL Direct - All 37 versions

Liquidity shocks and equilibrium liquidity premia[PDF] from psu.eduM Huang - Journal of Economic Theory, 2003 - Elsevier
We study an equilibrium in which agents face surprise liquidity shocks and invest in liquid and
illiquid riskless assets. The random holding horizon from liquidity shocks makes the return of
the illiquid security risky. The equilibrium premium for such risk depends on the constraint ...
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Mental accounting, loss aversion, and individual stock returns[PDF] from yale.edu…, M Huang - The Journal of Finance, 2001 - Wiley Online Library
Page 1. Mental Accounting, Loss Aversion, and Individual Stock Returns NICHOLAS
BARBERIS and MING HUANG* ABSTRACT We study equilibrium firm-level stock
returns in two economies: one in which in- vestors are loss ...
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Toeholds and takeovers[PDF] from psu.eduJ Bulow, M Huang… - Journal of Political Economy, 1999 - JSTOR
Toeholds have an enormous impact in ''common-value'' takeover battles, such as those between
two financial bidders. This contrasts with the small impact of a toehold in a ''private-value''
auction. Our results are consistent with empirical findings that a toehold helps a buyer win ...
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Swap rates and credit quality[PDF] from stanford.edu…, M Huang - the Journal of Finance, 1996 - JSTOR
ABSTRACT This article presents a model for valuing claims subject to default by both contracting
parties, such as swaps and forwards. With counterparties of different default risk, the promised
cash flows of a swap are discounted by a switching discount rate that, at any given state ...
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grossman

Ouyang Hui, Professor of Finance at CKGSB

Optimal Contracts in a Continuous‐Time Delegated Portfolio Management Problem[PDF] from duke.eduH Ou‐Yang - Review of Financial Studies, 2003 - Soc Financial Studies
This article studies the contracting problem between an individual investor and a profes- sional
portfolio manager in a continuous-time principal-agent framework. Optimal con- tracts are obtained
in closed form. These contracts are of a symmetric form and suggest that a portfolio ...
Cited by 122 - Related articles - BL Direct - All 10 versions

grossman

Huang Ming clearly dominates everyone at CKGSB. However, CKGSB has an army of solid professors but CEIBS only has one star.

Wang neng is up and coming and he is now a chaired Professor at Columbia.

grossman

遮遮掩掩的特点真是体现了李嘉诚基金会的狡猾

-- by 会员 alexdu (2011/5/10 9:09:29)

what do you mean?

leon53

grossman这样的前辈释惑非常感谢，不仅是我，相信更多看到对这些信息的TX。
对于CK靠教授一说，我倒认为没有什么好说的。难道师从大师不是各位的追求？

星星点灯2010

不用在这里大版大版地介绍长江的教授吧。商学院的网站应该有吧。

grossman

it wont hurt and many people cant tell from just looking at the web page. google is a more powerful tool. google scholar is very useful to find out good faculties from mediocre faculties.