The Double Auction Market 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024

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Friedman, Daniel/ Rust, John/ WORKSHOP ON DOUBLE AUCTION MARKETS 作者

譯者

1993-3 出版日期

464 頁數

411.00元價格

叢書系列

9780201624595 圖書編碼

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The Double Auction Market 在線電子書 epub 下載 mobi 下載 pdf 下載 txt 下載 2024

The Double Auction Market 在線電子書 epub 下載 pdf 下載 mobi 下載 txt 下載 2024

The Double Auction Market 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024

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The Double Auction Market 在線電子書 pdf 下載 txt下載 epub 下載 mobi 在線電子書下載

The Double Auction Market 在線電子書圖書描述

This collection of papers focuses on markets organized as double auctions (DA). In a double auction, both buyers and sellers can actively present bids (offers to buy) and asks (offers to sell) for standardized units of well-defined commodities and securities. A classic example of a DA market (known by practitioners as an open outcry market) is the commodity trading pit at the Chicago Board of Trade. A related process is a call market, which is used to determine opening prices on the New York Stock Exchange. Already the predominant trading institution for financial and commodities markets, the double auction has many variants and is evolving rapidly in the present era of advancing computer technology and regulatory reform. DA markets are of theoretical as well as practical interest in view of the central role these institutions play in allocating resources. Although the DA has been studied intensively in the laboratory, and practitioners have considerable experience in the field, only recently have tools started to become available to provide the underpinning of a behavioral theory of DA markets.

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