SHARE PRICE MOVEMENTS: A MARKOVIAN APPROACH

Authors


  • I would like to thank Peter Fisk, the Department of Statistics, University of Edinburgh, and Professor Paul H. Cootner, Massachusetts Institute of Technology, for their useful comments. I am also grateful for the help provided by the Edinburgh Regional Computing Center, for the financial assistance of the Moray Fund, and for the secretarial assistance of Miss Jessica Donoghue.

Ancillary