I show that frequent batch auctions for stocks have the potential to reduce the severity of stock price crashes when they occur. For a given sequence of orders from a continuous electronic limit order book market, matching orders using one second apart batch auctions results in nearly the same...

I show that frequent batch auctions for stocks have the potential to reduce the severity of stock price crashes when they occur. For a given sequence of orders from a continuous electronic limit order book market, matching orders using one second apart batch auctions results in nearly the same...

In der Tradition von "The Second Machine Age" erscheint das erste Buch über das nächste Internet: das Metaverse. Der Begriff "Metaverse" ist plötzlich überall, von Debatten über "Fortnite" über die Seiten der New York Times bis hin zu den Reden von Mark Zuckerberg. Aber was genau ist das...