By conducting simulations, we show that the structure of the personal networks significantly influences the diffusion processes in network effect markets like the software market....
We examine the effect of a market pricing policy designed to attract high-valued traders in a multiple market context using JCAT software. Our experiments show that a simple change...
— The paper proposes a mathematical model for the dynamic evolution of supply, demand, and clearing prices under a class of real-time pricing mechanisms characterized by passing ...
Mardavij Roozbehani, Munther Dahleh, Sanjoy K. Mit...
This paper studies price properties in continuous double-auction markets in the presence of marketmakers, agents with special responsibilities for maintaining liquidity and orderl...
The efficient market hypothesis states that an efficient market immediately incorporates all available information into the price of the traded entity. It is well established that...