Electronic exchanges are double-sided marketplaces that allow multiple buyers to trade with multiple sellers, with aggregation of demand and supply across the bids to maximize the...
We present the first design for a fully expressive iterative combinatorial exchange (ICE). The exchange incorporates a tree-based bidding language that is concise and expressive ...
David C. Parkes, Ruggiero Cavallo, Nick Elprin, Ad...
Online auction has become an intriguing new type of economic exchange mechanism. Given that Internet auctions differ from traditional physical auctions in terms of flexibility and...
This paper outlines trends reshaping the business of International Long Distance (ILD) voice minutes trading. Our analysis is centered on Arbinet’s business model: an electro...
Abstract--The efficient market hypothesis (EMH) is a cornerstone of financial economics. The EMH asserts that security prices fully reflect all available information and that the s...
William Leigh, Cheryl J. Frohlich, Steven Hornik, ...