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Chinese Journal of Management Science ›› 2004, Vol. ›› Issue (3): 12-17.

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Evaluation on the Pricing Norm and Relative Investment Value of New Listing Security Based on Data Envelopment Analysis

YI Rong-hua, DA Qing-li   

  1. School of Economics & Management, Southeast University, Nanjing 210096, China
  • Received:2003-11-24 Revised:2004-05-02 Online:2004-06-28 Published:2012-03-07

Abstract: The thesis aims at the problem on pricing new listing security.Based on DEA non-parameters input-output functing,we develop two models of evaluation on acquired value grade and pricing norm for new listing security,along with corresponding guideline.Taking Chinese fund market for example,the proof-test result indicates that the models are effective.

Key words: pricing new listing security, Data Envelopment Analysis(DEA), norm price, acquired value index

CLC Number: