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» Transaction Costs and Market Efficiency
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CN
2010
94views more  CN 2010»
13 years 8 months ago
A market-based approach to managing the risk of peer-to-peer transactions
Ptrim is a purely decentralised application for performing peer-to-peer transactions. Instead of relying on a typical trust/reputation management approach, Ptrim allows its users t...
Stephanos Androutsellis-Theotokis, Diomidis Spinel...
MA
1997
Springer
149views Communications» more  MA 1997»
13 years 12 months ago
Java-Based Mobile Agents - How to Migrate, Persist, and Interact on Electronic Service Markets
This paper presents a mobile agent approach that aims at satisfying the following requirements of open Internet-based electronic service markets: the mobile agent system should be...
Boris Liberman, Frank Griffel, Michael Merz, Winfr...
SIAMCO
2002
87views more  SIAMCO 2002»
13 years 7 months ago
Optimal Consumption and Portfolio with Both Fixed and Proportional Transaction Costs
We consider a market model with one riskfree and one risky asset, in which the dynamics of the risky asset is governed by a geometric Brownian motion. In this market we consider a...
Bernt Oksendal, Agnès Sulem
CI
2007
130views more  CI 2007»
13 years 7 months ago
Price Dynamics, Informational Efficiency, and Wealth Distribution in Continuous Double-Auction Markets
This paper studies the properties of the continuous double auction trading mechanishm using an artificial market populated by heterogeneous computational agents. In particular, we...
Javier Gil-Bazo, David Moreno, Mikel Tapia
ICDE
1997
IEEE
136views Database» more  ICDE 1997»
14 years 9 months ago
Delegation: Efficiently Rewriting History
Transaction delegation, as introduced in ACTA, allows a transaction to transfer responsibility for the operations that it has performed on an object to another transaction. Delega...
Cris Pedregal Martin, Krithi Ramamritham