The model suggests the underprcing of IPOs in autions and book-building mechanisms are both lower than the one in fixed price mechnism, except for the signals from the informed institutional investors are all bad.
研究发现,固定价格定价机制由于不能收集投资者关于股票的真实信息,其抑价水平往往高于拍卖(统一价格拍卖)以及累计投标定价这三种定价机制,只有在投资者拥有的私人信号全部是坏信号的情况下,三者之间的抑价水平才会一致。
constant price production-based Gross Domestic Product estimates [constant price production-based GDP estimates]
以固定价格计算的生产估计
aggregate at constant price
按固定价格计算的总体数字
GNP at constant prices
按固定价格计算的国民生产总值
Constant Price： refers to the average price of a given produc t in certain year, which is used for comparison of output value over time.
不变价格：指用同类产品的年平均价格作为固定价格，来计算各年产品价值。
A full - course meal served at a fixed price;table d'h?e.
份饭，客饭固定价格供应的正餐式的份饭；客饭
A right to buy or sell specific securities or commodities at a stated price within a specified time.
期权在规定时间内的以固定价格买卖特定的债券或商品的权力
(of a restaurant meal) complete but with limited choices and at a fixed price.
（餐馆膳食）在固定价格上全都有的，但选择是有限的。
This is because the call gives us the right to buy the share at a fixed price.
这是因为买进期权给予我们权利以固定价格买进股票。
A put gives the holder the right, but not the obligation, to tender a share and receive, in return, a fixed price.
沽出期权则给予权利，而非强制约束，持有人以固定价格卖出股 票。
A put gives the holder the right, but not the obligation, to tender a share, in return, a fixed price.
沽出期权则给予权利，而非强制约束，持有人以固定价格卖出股票。
CPFF (cost plus fixed fee)
成本加固定费用价格
be sold at a certain price or in a certain way.
以固定的价格或者固定的方式出卖。
fixing (of prices or wages etc) at a particular level.
把价格或工资固定在一定水平。
Arithmetic Average Asian Options Pricing with Fixed Strike Price;
具有固定执行价格的算术平均亚式期权定价
A complete meal provided at a fixed price.
套饭以固定的价格提供的全套膳食
The prices for investment in fixed assets were up 0.2 percent.
固定资产投资价格上涨0.2%。
We sell the goods on fixed price.
我们在固定的价格上出售商品。
fix or keep (wages or prices)at a certain level
使（工资或价格）固定或维持在某水平上