How Does IPO Pricing Puzzle Financial Economists

question 42

Essay

How does IPO pricing puzzle financial economists?

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Definitions:

Standards

Ideas (concepts) of how things might possibly be.

Self-Consciousness

An acute awareness of oneself, often reflected in concern about how one is perceived by others.

Self-Regulation

The ability to manage and adjust one's emotions, behaviors, and desires in the face of external demands or challenges.

Self-Handicapping

Putting obstacles in the way of one’s own performance so that anticipated or possible failure can be blamed on the obstacle instead of on lack of ability.