BASIC QUESTION OF FINANCIAL MARKETS THEORY
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04274644%3A_____%2F21%3A%230000843" target="_blank" >RIV/04274644:_____/21:#0000843 - isvavai.cz</a>
Result on the web
<a href="https://www.vsfs.cz/?id=3197-rocnik-2021" target="_blank" >https://www.vsfs.cz/?id=3197-rocnik-2021</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
BASIC QUESTION OF FINANCIAL MARKETS THEORY
Original language description
The basic question of the financial markets theory can be formulated as follows: Why are investment opportunities (including those associated with the acquisition, retention and use of human capital) not used based on their rate of return. The paper substantiates the importance of this issue for understanding the development trends of financial markets, as well as the problems associated with the failure to use of investment opportunities. Subsequently, the original theoretical apparatus is presented, which is based on the connection of the microeconomic financial market model and the model of the financial market through cooperative games, specifically (S, d) Nash’s bargaining problem. The multipoint extension of this model makes it possible to reveal and describe the phenomenon of social position investment, which plays a key role in terms of the fundamental question of financial market theory.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50301 - Education, general; including training, pedagogy, didactics [and education systems]
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Financial Markets 2021 – Innovations and Sustainability
ISBN
9788074082337
ISSN
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e-ISSN
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Number of pages
15
Pages from-to
16-30
Publisher name
Vysoká škola finanční a správní, a. s.
Place of publication
Praha
Event location
Praha
Event date
Jan 1, 2021
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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