We study a double auction environment where buyers and sellers have interdependent valuations and multi-unit demand and …. Our mechanism is the first double auction mechanism with these properties in the interdependent values setting. …

-frequency trading. We explain how IEX differs from traditional continuous double auction markets and present summary data on IEX … of the continuous double auction. The model predicts that IEX will generally improve price efficiency and lower …

equilibrium model of this exchange design as a modification of the standard continuous double auction market format. The model …

-frequency trading. We explain how IEX differs from traditional continuous double auction markets and present summary data on IEX … of the continuous double auction. The model predicts that IEX will generally improve price efficiency and lower …

equilibrium model of this exchange design as a modification of the standard continuous double auction market format. The model …

We study a double auction environment where buyers and sellers have interdependent valuations and multi-unit demand and …. Our mechanism is the first double auction mechanism with these properties in the interdependent values setting. …

A double auction game with an infinite number of buyers and sellers is introduced. All sellers posses one unit of a …. Connections are made with the ZI-C traders model and the $k$-double auction. …

two kinds of market mechanism: the double auction, where bids, asks and trades take place in continuous time throughout a … an aggregating device. As a main result, this paper shows that double auction markets are, in several instances, superior …