An equilibrium analysis of market selection strategies and fee strategies in competing double auction marketplaces
In this paper, we propose a game-theoretic framework for analysing competing double auction marketplaces that vie for traders and make profits by charging fees. Firstly, we analyse the equilibrium strategies for the traders' market selection decision for given market fees using evolutionary gam...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
2013.
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Subjects: | |
Online Access: | Get fulltext Get fulltext |