Bauwens, Luc (contributor); Hautsch, Nikolaus (contributor) - 2006
difierent types of flnancial point processes or processes of so-called
flnancial durations. The most common types are trade … durations and quote du-
rations as deflned by the time between two consecutive trade or quote arrivals,
respectively. Price … and Alcatel trade
durations.
A drawback of the linear ACD model is that it is di–cult to allow “i to
depend on functions …