搜索结果: 1-4 共查到“理论经济学 market making”相关记录4条 . 查询时间(0.17 秒)
Engineers versus managers: experts, market-making and state-building in Putin’s Russia
experts political economy of markets markets market reform marketization valuation Russia electricity
2014/3/20
Market-making and state-building are mutually reinforcing processes. This paper documents the role played in these processes by two groups of experts in Russia’s electricity sector: technical experts ...
High-frequency market-making with inventory constraints and directional bets
Quantitative Finance high-frequency trading, market-making limit-order book inventory risk optimisation stochastic control Hamilton-Jacobi-Bellman PNL distribution.
2012/9/14
In this paper we extend the market-making models with inventory constraints of Avellaneda andStoikov (High-frequency trading in a limit-order book, Quantitative Finance Vol.8 No.3 2008) and Gueant, L...
Comparing Prediction Market Structures, With an Application to Market Making
Market Structures Application Market Making
2010/10/21
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 in practice, but the...
"Market making" behaviour in an order book model and its impact on the bid-ask spread
Market making behaviour order book model impact bid-ask spread
2010/10/19
It has been suggested that marked point processes might be good candidates for the modelling of financial high-frequency data. A special class of point processes, Hawkes processes, has been the subje...