The paper applies an economic model of a competitive market for retail banking services to generate insights into the following relevant questions. Is the cost structure of electr...
Reverse Turing tests, or CAPTCHAs, have become an ubiquitous defense used to protect open Web resources from being exploited at scale. An effective CAPTCHA resists existing mechan...
Marti Motoyama, Kirill Levchenko, Chris Kanich, Da...
We investigate the dynamics of trader behaviors using a co-evolutionary genetic programming system to simulate a double-auction market. The objective of this study is twofold. Fir...
In this paper, we address the importance of efficient execution in electronic markets. Due to intense competition for profit opportunities, trading costs can represent a significa...
Yuriy Nevmyvaka, Michael S. Kearns, Amy Papandreou...
Price dispersion, the variance in price for identical products across retailers, is a persistent feature of Internetbased markets, even those mediated by shopping agents (shopbots...