Double Auction Market Institutions: Theories and Evidence (Santa Fe Institute Studies in the Sciences of Complexity) Book + PRICE WATCH * Amazon pricing is not included in price watch

Double Auction Market Institutions: Theories and Evidence (Santa Fe Institute Studies in the Sciences of Complexity) Book

This book is a collection of papers focused 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.Read More

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  • 0201622637
  • 9780201622638
  • Daniel P. Friedman, John Rust
  • 1 June 1999
  • Perseus Books
  • Hardcover (Book)
  • 464
  • New edition
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