The Alternating Double Auction Market: A Game Theoretic and Experimental Investigation - Lecture Notes in Economics and Mathematical Systems - Abdolkarim Sadrieh - Books - Springer-Verlag Berlin and Heidelberg Gm - 9783540648956 - October 28, 1998
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The Alternating Double Auction Market: A Game Theoretic and Experimental Investigation - Lecture Notes in Economics and Mathematical Systems Softcover reprint of the original 1st ed. 1998 edition

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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  

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