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  • The Double Auction Market: Institutions, Theories, And Evidence

    The Double Auction Market by Friedman, Daniel;

    Institutions, Theories, And Evidence

    Series: Santa Fe Institute S.;

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      • Publisher's listprice GBP 58.99
      • The price is estimated because at the time of ordering we do not know what conversion rates will apply to HUF / product currency when the book arrives. In case HUF is weaker, the price increases slightly, in case HUF is stronger, the price goes lower slightly.

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    Estimated delivery time: In stock at the publisher, but not at Prospero's office. Delivery time approx. 3-5 weeks.
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    Product details:

    • Edition number 1
    • Publisher Routledge
    • Date of Publication 1 January 1993

    • ISBN 9780201624595
    • Binding Paperback
    • No. of pages456 pages
    • Size 229x152 mm
    • Weight 453 g
    • Language English
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    Short description:

    This book focuses on markets organized as double auctions in which both buyers and sellers can submit bids and asks for standardized units of well-defined commodities and securities. It examines evidence from the laboratory and computer simulations.

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    Long description:

    This book focuses on markets organized as double auctions in which both buyers and sellers can submit bids and asks for standardized units of well-defined commodities and securities. It examines evidence from the laboratory and computer simulations.

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    Table of Contents:

    About the Santa Fe Institute -- Santa Fe Institute Editorial Board June 1991 -- Santa Fe Institute Studies in the Sciences of Complexity -- Preface -- Institutions -- The Double Auction Market Institution: A Survey -- Automating the Continuous Double Auction in Practice: Automated Trade Execution Systems in Financial Markets -- Theories -- Theories of Price Formation and Exchange in Double Oral Auctions -- The Bayesian Theory of the k-Double Auction -- Design of Efficient Trading Procedures -- Behavior of Trading Automata in a Computerized Double Auction Market -- Lower Bounds for Efficiency of Surplus Extraction in Double Auctions -- Some Effects of Restricting the Electronic Order Book in an Automated Trade Execution System -- An Empirical Analysis of Price Formation in Double Auction Markets -- Buyer’s Bid Double Auctions: Preliminary Experimental Results -- Designing a Uniform-Price Double Auction: An Experimental Evaluation -- On The Anatomy of the “Nonfacilitating” Features of the Double Auction Institution in Conspiratorial Markets -- Convergence in Experimental Double Auctions for Stochastically Lived Assets -- Liquidity and Persistence of Arbitrage in Experimental Options Markets

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