IDEAS home Printed from https://ideas.repec.org/p/fth/pennfi/06-92.html
   My bibliography  Save this paper

The Theory of Security Pricing and Market Structure (Revision of 20-91). Forward by Paul A. Samuelson

Author

Listed:
  • Marshall E. Blume
  • Jeremy J. Siegel

Abstract

This manuscript reviews the evolving literature on the pricing of assets and the structure of financial markets. It begins with the development of early stock valuation models and proceeds to a description of the efficient-market hypothesis. The survey then examines recent empirical data that has led to a reevaluation of the assumptions underlying an efficient market and ends with a brief survey of the recent literature on market-making and how these models relate to studies of efficient markets.

Suggested Citation

  • Marshall E. Blume & Jeremy J. Siegel, "undated". "The Theory of Security Pricing and Market Structure (Revision of 20-91). Forward by Paul A. Samuelson," Rodney L. White Center for Financial Research Working Papers 06-92, Wharton School Rodney L. White Center for Financial Research.
    • Handle: RePEc:fth:pennfi:06-92
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. W. Yang, 1999. "The Demand for and Supply of Shares. An Empirical Study of the Limit Order Book on the ASX," Economics Discussion / Working Papers 99-03, The University of Western Australia, Department of Economics.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fth:pennfi:06-92. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Thomas Krichel (email available below). General contact details of provider: https://edirc.repec.org/data/rwupaus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.