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The collision of masses and the way prices react to expectations

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  • Chavez-Guzman, Luis

Abstract

When a body is impacted by other bodies its position is determined by the force of the impacts, likewise the price of a share is determined by expectations. This study intents to establish taxonomy of expectations based on the different types of impacts a body can receive, these can be: a blow without penetration, a blow that penetrates and stays in the body, a blow that goes through the body without affecting the body mass, and lastly, a blow that reduces but does not penetrate the body mass.

Suggested Citation

  • Chavez-Guzman, Luis, 2004. "The collision of masses and the way prices react to expectations," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 344(1), pages 156-161.
    • Handle: RePEc:eee:phsmap:v:344:y:2004:i:1:p:156-161
    DOI: 10.1016/j.physa.2004.06.108
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    References listed on IDEAS

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    1. Grinblatt, Mark S. & Masulis, Ronald W. & Titman, Sheridan, 1984. "The valuation effects of stock splits and stock dividends," Journal of Financial Economics, Elsevier, vol. 13(4), pages 461-490, December.
    2. Keown, Arthur J & Pinkerton, John M, 1981. "Merger Announcements and Insider Trading Activity: An Empirical Investigation," Journal of Finance, American Finance Association, vol. 36(4), pages 855-869, September.
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