信息的理论模型与最优决策

The Theory Model of the Information and Its Superior Decision

主要结论是⑴在其他条件相同的情况下,如果投资者对生产的预期提高,则资产的均衡价格提高,反之则相反。⑵从简化的假设和模型出发,从理论上得到资产定价模型与信息不对称之间的关系,从而在原理上说明信息向资产价格传导的原理。⑶利用有关结论对投资者提出了政策建议。

The main conclusion is（ 1 ） under the condition of other conditions are the same, if investors have high expectation to production, then the balanced price exaltation of the property, whereas the contrary. （2）The assumption that is from the simplification and model set out, getting the relation between the property list price model and the information dissymmetry from the theories, thus explaining the information toward the principle that the property price conduct on the principle. （3）Made use of the relevant conclusion to put forward the policy suggestion to the investor.