Structure, Clearinghouses and Symmetry

We introduce and justify a taxonomy for the structure of markets and minimal institutions which appear in constructing minimally complex trading structures to perform the functions of price formation, settlement and payments. Each structure is presented as a playable strategic market game and is examined for its efficiency, the number of degrees of freedom and the symmetry properties of the structure

MoreLess

Year of publication:	2003
Authors:	Shubik, Martin ; Smith, Eric
Publisher:	[S.l.] : SSRN
Subject:	Spieltheorie \| Game theory \| Clearing \| Financial clearing \| Tauschwirtschaft \| Barter economy \| Geldwirtschaft \| Monetary economy \| Marktstruktur \| Market structure

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource (25 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 2003 erstellt
Classification:	C7 - Game Theory and Bargaining Theory ; G10 - General Financial Markets. General ; G20 - Financial Institutions and Services. General ; L10 - Market Structure, Firm Strategy, and Market Performance. General ; D40 - Market Structure and Pricing. General ; D50 - General Equilibrium and Disequilibrium. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014082965