Simple economics argues that if you underprice something, it will be overused. 根据简单的经济学原理,如果什么东西定价过低,它就将被过度使用。
I think that the question is whether markets are more apt to overprice versus underprice. 我认为这个问题是关于市场,究竟是被高估或者低估的状态。
The second set of policies addresses the view that market prices for asset-backed securities underprice the likely cash flows of these assets. 其次是一套政策解决资产支持证券市场价格定价低于这些资产可能的现金流的观点。
Finally, we give some suggestions to reduce our country's issuing underprice. 最后,针对分析结果,给出降低我国股市发行抑价的建议。
The Relationship Test between Underwriter Reputation and IPO Underprice in Chinese Securities Market 主承销商声誉与IPO抑价关系的实证研究二板市场上的主承销商