Hui Ou-Yang

Cheung Kong Graduate School of Business

Professor

Hong Kong

China

SCHOLARLY PAPERS

17

DOWNLOADS
Rank 8,238

SSRN RANKINGS

Top 8,238

in Total Papers Downloads

5,394

CITATIONS
Rank 4,180

SSRN RANKINGS

Top 4,180

in Total Papers Citations

129

Scholarly Papers (17)

1.

Asset Substitution and Underinvestment: A Dynamic View

EFA 2006 Zurich Meetings
Number of pages: 37 Posted: 19 Mar 2005
Nengjiu Ju and Hui Ou-Yang
Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF) and Cheung Kong Graduate School of Business
Downloads 668 (37,367)
Citation 8

Abstract:

Loading...

Asset Substitution, Underinvestment, Growth Options, Dynamic Models

2.

Explicit Incentives, Implicit Incentives, and Performance: Evidence from Academic Tenure

Number of pages: 45 Posted: 18 Mar 2005 Last Revised: 20 Feb 2015
Si Li and Hui Ou-Yang
Wilfrid Laurier University - School of Business & Economics and Cheung Kong Graduate School of Business
Downloads 541 (49,194)
Citation 6

Abstract:

Loading...

Explicit incentives, implicit incentives, academic tenure, faculty productivity

3.

A Model of Asset Pricing and Portfolio Delegation

AFA 2002 Atlanta Meetings
Number of pages: 61 Posted: 05 Jan 2002
Navneet Arora and Hui Ou-Yang
American Century Investments and Cheung Kong Graduate School of Business
Downloads 478 (57,587)
Citation 4

Abstract:

Loading...

4.

China Bond Market Overview

Quantitative Portfolio Strategies, June 2010
Number of pages: 39 Posted: 11 Jul 2010
Gigi Liu, Hui Ou-Yang and Jessica Zhang
Nomura International Hong Kong, Cheung Kong Graduate School of Business and Nomura International Hong Kong
Downloads 470 (58,806)

Abstract:

Loading...

China Bond Market, Fixed Income Assets

5.
Downloads 463 ( 59,883)
Citation 19

An Equilibrium Model of Asset Pricing and Moral Hazard

AFA 2003 Washington, DC Meetings
Number of pages: 49 Posted: 23 Oct 2002
Hui Ou-Yang
Cheung Kong Graduate School of Business
Downloads 314 (93,740)
Citation 22

Abstract:

Loading...

An Equilibrium Model of Asset Pricing and Moral Hazard

Review of Financial Studies, Forthcoming
Number of pages: 54 Posted: 08 Nov 2004
Hui Ou-Yang
Cheung Kong Graduate School of Business
Downloads 149 (193,782)

Abstract:

Loading...

An Equilibrium Model of Asset Pricing and Moral Hazard

The Review of Financial Studies, Vol. 18, Issue 4, pp. 1253-1303, 2005
Posted: 29 Feb 2008
Hui Ou-Yang
Cheung Kong Graduate School of Business

Abstract:

Loading...

brain metastases, HRQoL, stereotactic radiosurgery

6.

Capital Structure, Debt Maturity, and Stochastic Interest Rates

Number of pages: 45 Posted: 23 Mar 2005
Nengjiu Ju and Hui Ou-Yang
Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF) and Cheung Kong Graduate School of Business
Downloads 457 (60,847)
Citation 5

Abstract:

Loading...

Optimal Capital Structure, Optimal Debt Maturity, Stochastic Interest Rates

7.

Estimation of Continuous-Time Models with an Application to Equity Volatility Dynamics

Number of pages: 28 Posted: 19 Mar 2005
Nengjiu Ju, Gurdip Bakshi and Hui Ou-Yang
Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF), Fox School of Business and Cheung Kong Graduate School of Business
Downloads 454 (61,361)

Abstract:

Loading...

Continuous-time models, Maximum-likelihood estimation, Density approximation

8.

Differences of Opinion of Public Information and Speculative Trading in Stocks and Options

AFA 2005 Philadelphia Meetings
Number of pages: 46 Posted: 03 Feb 2005
H. Henry Cao and Hui Ou-Yang
University of North Carolina (UNC) at Chapel Hill - Finance Area and Cheung Kong Graduate School of Business
Downloads 370 (78,288)
Citation 55

Abstract:

Loading...

High Confidence, Low Confidence, Differential Interpretation of Public Information

9.

Informationally Efficient Markets in Grossman and Stiglitz (1980)

Number of pages: 38 Posted: 08 May 2014
Hui Ou-Yang and Weili Wu
Cheung Kong Graduate School of Business and Peking University - Guanghua School of Management
Downloads 357 (81,628)
Citation 2

Abstract:

Loading...

Informationally efficient markets; Grossman-Stiglitz paradox; Competitive markets

10.

A Model of Portfolio Delegation and Strategic Trading

Number of pages: 47 Posted: 17 Mar 2009 Last Revised: 16 Jul 2010
Albert S. Kyle, Hui Ou-Yang and Bin Wei
University of Maryland, Cheung Kong Graduate School of Business and Federal Reserve Bank of Atlanta
Downloads 306 (96,982)
Citation 10

Abstract:

Loading...

Portfolio Delegation, Information Acquisition, Strategic Trading, Price Informativeness

11.
Downloads 297 ( 99,066)
Citation 19

Prospect Theory and Liquidation Decisions

Number of pages: 30 Posted: 19 May 2005
Albert S. Kyle, Hui Ou-Yang and Wei Xiong
University of Maryland, Cheung Kong Graduate School of Business and Princeton University - Department of Economics
Downloads 297 (99,647)
Citation 19

Abstract:

Loading...

Loss aversion, disposition effect; break-even effect

Prospect Theory and Liquidation Decisions

Journal of Economic Theory, Forthcoming
Posted: 21 May 2005
Albert S. Kyle, Hui Ou-Yang and Wei Xiong
University of Maryland, Cheung Kong Graduate School of Business and Princeton University - Department of Economics

Abstract:

Loading...

Loss aversion, disposition effect; break-even effect

12.

Bubbles and Panics in a Frictionless Market with Heterogeneous Expectations

Number of pages: 37 Posted: 10 Apr 2005
H. Henry Cao and Hui Ou-Yang
University of North Carolina (UNC) at Chapel Hill - Finance Area and Cheung Kong Graduate School of Business
Downloads 235 (127,905)
Citation 15

Abstract:

Loading...

Bubble, Overconfidence, Heterogeneous Expectations

13.

Estimation of Continuous-Time Models with an Application to Equity Volatility Dynamics

Journal of Financial Economics, Forthcoming, Robert H. Smith School Research Paper No. RHS 06-017
Number of pages: 29 Posted: 27 Jan 2006
Hui Ou-Yang and Gurdip Bakshi
Cheung Kong Graduate School of Business and Fox School of Business
Downloads 160 (182,069)
Citation 36

Abstract:

Loading...

Continuous-time models, Maximum-likelihood estimation, Density approximation, Market volatility dynamics

14.

Speculative Financial Innovation

Number of pages: 35 Posted: 21 Feb 2014
Huining Henry Cao, Hui Ou-Yang and Dongyan Ye
Cheung Kong Graduate School of Business, Cheung Kong Graduate School of Business and Cheung Kong Graduate School of Business
Downloads 72 (318,824)

Abstract:

Loading...

15.

Negative Bubbles Under Short-Sales Constraints and Heterogeneous Beliefs

Number of pages: 31 Posted: 18 Nov 2016
Huining Henry Cao, Hui Ou-Yang and Dongyan Ye
Cheung Kong Graduate School of Business, Cheung Kong Graduate School of Business and Cheung Kong Graduate School of Business
Downloads 39 (420,976)

Abstract:

Loading...

Negative Bubbles, Short-Sales Constraints, Heterogeneous Beliefs

16.

Risk Premiums, Liquidities, and Bubbles under Heterogeneous Beliefs

Number of pages: 48 Posted: 17 Aug 2016 Last Revised: 17 Nov 2016
Huining Henry Cao, Hui Ou-Yang and Dongyan Ye
Cheung Kong Graduate School of Business, Cheung Kong Graduate School of Business and Cheung Kong Graduate School of Business
Downloads 27 (473,920)

Abstract:

Loading...

Heterogeneous beliefs; Risk premiums; Liquidities; Bubbles

17.

Differences of Opinion of Public Information and Speculative Trading in Stocks and Options

The Review of Financial Studies, Vol. 22, Issue 1, pp. 299-335, 2009
Posted: 03 Jan 2009
H. Henry Cao and Hui Ou-Yang
affiliation not provided to SSRN and Cheung Kong Graduate School of Business

Abstract:

Loading...

G1, G11, G12