Market Force, Ecology, and Evolution

Market Force, Ecology, and Evolution

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In financial markets, an excess of buying tends to drive prices up, and an excess of selling tends to drive them down. This is called market impact. Based on a simplified model for market making, it is possible to derive a unique functional form for market impact. This can be used to formulate a...

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Autor principal:	Farmer, J
Format:	Llibre
Publicat:	2013

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