๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

PRICE DYNAMICS, INFORMATIONAL EFFICIENCY, AND WEALTH DISTRIBUTION IN CONTINUOUS DOUBLE-AUCTION MARKETS

โœ Scribed by Javier Gil-Bazo; David Moreno; Mikel Tapia


Book ID
110983999
Publisher
John Wiley and Sons
Year
2007
Tongue
English
Weight
285 KB
Volume
23
Category
Article
ISSN
0824-7935

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โœ Darren Duxbury ๐Ÿ“‚ Article ๐Ÿ“… 2005 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 351 KB

## Abstract The reasons for the highly efficient market outcomes observed under the double auction remain unclear. This paper presents a series of experimental financial markets designed to investigate the importance of unknown trading period duration on trading behavior and the convergence tendenc