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We investigate the consequences of different market designs and policies on market quality in high-frequency markets. An extensible theoretical framework is proposed to consider the optimal strategies of different market agents and the market equilibrium under various market conditions. The...
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We investigate the consequences of different market designs and policies on market quality in high-frequency markets. An extensible theoretical framework is proposed to consider the optimal strategies of different market agents and the market equilibrium under various market conditions. The...
Persistent link: https://www.econbiz.de/10014241704
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