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Waiting times between orders and trades in double-auction markets

✍ Scribed by Enrico Scalas; Taisei Kaizoji; Michael Kirchler; Jürgen Huber; Alessandra Tedeschi


Publisher
Elsevier Science
Year
2006
Tongue
English
Weight
229 KB
Volume
366
Category
Article
ISSN
0378-4371

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Experimental evidence on trading behavio
✍ Darren Duxbury 📂 Article 📅 2005 🏛 John Wiley and Sons 🌐 English ⚖ 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