Analysis of Investment Recommendations
| Author: | Mgr. Vladimír Pilný |
|---|---|
| Year: | 2009 - summer |
| Leaders: | † prof. Ing. Michal Mejstřík CSc. |
| Consultants: | |
| Work type: | Finance, Financial Markets and Banking Masters |
| Language: | English |
| Pages: | 70 |
| Awards and prizes: | |
| Link: | |
| Abstract: | This thesis aimed to explore all the effects of investment recommendations, starting with the motivation of their publishers, up to the influence on the capital markets. The empirical part analyses the impact on the Czech stock market. The major chapter then represents the construction, implementation and simulation of the numerical model of a simple financial market. Using stochastic processes and the application of the game theory, we found market equilibria, which can explain many of the studied effects. |
