Market Force, Ecology, and Evolution
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...
| Auteur principal: | |
|---|---|
| Format: | Livre |
| Publié: |
2013
|