A Good Beginning Makes a Good Market: The Effect of Different Market Opening Structures on Market Quality

This paper deals with the market structure at the opening of the trading day and its influence on subsequent trading. We compare a single continuous double auction and two complement markets with different call auction designs as opening mechanisms in a unified experimental framework. The call aucti...

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Detalles Bibliográficos
Autores principales: Hinterleitner, Gernot, Leopold-Wildburger, Ulrike, Mestel, Roland, Palan, Stefan
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Hindawi Publishing Corporation 2015
Materias:
Research Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4550773/
https://www.ncbi.nlm.nih.gov/pubmed/26351653
http://dx.doi.org/10.1155/2015/307808

Internet

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4550773/
https://www.ncbi.nlm.nih.gov/pubmed/26351653
http://dx.doi.org/10.1155/2015/307808

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