2 search results - page 1 / 1 » Adapting to a Market Shock: Optimal Sequential Market-Making |
NIPS
2008
13 years 6 months ago
2008
We study the profit-maximization problem of a monopolistic market-maker who sets two-sided prices in an asset market. The sequential decision problem is hard to solve because the ...
CORR
2010
Springer
13 years 1 months ago
2010
Springer
Ensuring sufficient liquidity is one of the key challenges for designers of prediction markets. Various market making algorithms have been proposed in the literature and deployed ...