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The Alternating Double Auction Market: A Game Theoretic and Experimental Investigation - Lecture Notes in Economics and Mathematical Systems Abdolkarim Sadrieh Softcover reprint of the original 1st ed. 1998 edition
The Alternating Double Auction Market: A Game Theoretic and Experimental Investigation - Lecture Notes in Economics and Mathematical Systems
Abdolkarim Sadrieh
The most important results are that the equilibrium prices are independent of the number of traders and are always very close to - if not inside - the range of competitive prices. The latter can be evaluated as game theoretic support for the convergence of prices to the competitive price.
357 pages, 1 black & white illustrations, biography
| Media | Books Paperback Book (Book with soft cover and glued back) |
| Released | October 28, 1998 |
| ISBN13 | 9783540648956 |
| Publishers | Springer-Verlag Berlin and Heidelberg Gm |
| Pages | 350 |
| Dimensions | 155 × 235 × 19 mm · 508 g |
| Language | English |