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The Alternating Double Auction Market
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The Alternating Double Auction Market

The most important results are that the equilibrium prices are independent of the number of traders and are always very close to - if not inside - the range of competitive prices. The latter can be evaluated as game theoretic support for the convergence of prices to the competitive price.
Alaotsikko
A Game Theoretic and Experimental Investigation
Painos
Softcover reprint of the original 1st ed. 1998
ISBN
9783540648956
Kieli
englanti
Paino
310 grammaa
Julkaisupäivä
28.10.1998
Sivumäärä
350