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    Price Dynamics, Informational Efficiency, and Wealth Distribution in Continuous Double-Auction Markets
    14 years 8 days ago
    Price Dynamics, Informational Efficiency, and Wealth Distribution in Continuous Double-Auction Markets
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    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
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