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- W4236673434 abstract "Chapter 5 extends consumer market theory to finance, to examine the similarities and particularities of both types of market. The common feature is still the role of information, and financial markets are also about how to determine a financial products’ quality. We propose the market symbiosis hypothesis that portrays the role of financial markets in the general economy. We argue that although financial transactions do not create value per se, all players in the financial markets have a value-creation role in selecting outside investment opportunities. A well-functioning financial market can enable more quality investments to be funded and can stimulate their creation." @default.
- W4236673434 created "2022-05-12" @default.
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- W4236673434 date "2020-01-30" @default.
- W4236673434 modified "2023-09-25" @default.
- W4236673434 title "Financial Markets" @default.
- W4236673434 doi "https://doi.org/10.1093/oso/9780198840985.003.0006" @default.
- W4236673434 hasPublicationYear "2020" @default.
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