Scalas, Enrico; Kaizoji, Taisei; Kirchler, Michael; … - In: Physica A: Statistical Mechanics and its Applications 366 (2006) C, pp. 463-471
In this paper, the survival function of waiting times between orders and the corresponding trades in a double-auction market is studied both by means of experiments and of empirical data. It turns out that, already at the level of order durations, the survival function cannot be represented by a...
