Financial models incorporating a reference point, such as the Capital Gains Overhang (CGO) model, typically assume it is fixed at the purchase price. Combining experimental and market data, this pa...

中文翻译：

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动态参考点使资本溢价

包含参考点的财务模型（例如，资本利得溢价（CGO）模型）通常假定其固定为购买价。结合了实验数据和市场数据，此...