Order aggressiveness and the diagonal effect in experimental double auction markets

Autor:	Christophe Majois
Rok vydání:	2010
Předmět:	Computer Science::Computer Science and Game Theory Economics and Econometrics Order (business) Phenomenon Diagonal Economics Double auction Mathematical economics Finance Industrial organization
Zdroj:	Economics Letters. 107:304-309
ISSN:	0165-1765
DOI:	10.1016/j.econlet.2010.02.019
Popis:	This paper analyzes the behavior of players in experimental double auction markets. We show that the “diagonal effect”, a well-known phenomenon observed in real markets, also shows up in experimental markets and is mainly due to order splitting.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::4e7163a5de388318adc977f89d26db49 https://doi.org/10.1016/j.econlet.2010.02.019 Zobrazit plný text záznamu Full Text from ScienceDirect