The limit-price mechanism

被引：18
|
作者：
Mertens, JF [1 ]
机构：
[1] Catholic Univ Louvain, B-1348 Louvain, Belgium
来源：
JOURNAL OF MATHEMATICAL ECONOMICS | 2003年 / 39卷 / 5-6期
关键词：
strategic market games; linear exchange model; continuity; double auction; limit orders;
D O I：
10.1016/S0304-4068(03)00015-6
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We provide a market mechanism that extends the double auctions to a fully symmetric multi-commodity setup, or equivalently, that extends Shapley's "windows" model to allow in addition for limit orders as opposed to just market orders. (C) 2003 Published by Elsevier Science B.V.
引用
收藏
页码：433 / 528
页数：96
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