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AMEC
2004
Springer
13 years 10 months ago
An Evolutionary Game-Theoretic Comparison of Two Double-Auction Market Designs
In this paper we describe an analysis of two double auction markets— the clearing house auction and the continuous double auction. The complexity of these institutions is such th...
Steve Phelps, Simon Parsons, Peter McBurney
EOR
2007
89views more  EOR 2007»
13 years 4 months ago
Trade reduction vs. multi-stage: A comparison of double auction design approaches
With the growth of electronic markets, designing double auction mechanisms that are applicable to emerging market structures has become an important research topic. In this paper,...
Leon Yang Chu, Zuo-Jun Max Shen