Add to ORKGTrades with each other simultaneously At the price which clears the market (Equilibrium Price: pi∗) Well-studied and produces known ML aggregations (arithmetic mean, geometric mean, etc.) But hard to implement Sequential Markets- with Market Maker (MM): Trades sequentially with MM MM is similar to a learner in learning from expert advice Price determined by the MM (as a result of the prev. trade) A sequence of prices (pi) Has ML interpretation
Prediction markets which trade on contracts representing unknown future outcomes are designed speci...
Existence of equilibrium is proved for an exchange strategic market game with complete markets. An e...
Since market scoring rules have become popular as a form of market maker, it seems worth reviewing j...
This paper characterizes the out-of-equilibrium dynamics of a symmetric, pure exchange economy with ...
Abstract. The dynamic version of the Glosten and Milgrom (1985) model of asset pricing with asym-met...
URL des Documents de travail : http://ces.univ-paris1.fr/cesdp/CESFramDP2010.htmDocuments de travail...
We analyze how traders coordinate their expectations on a two-period equi-librium cycle of an overla...
Markets have the capacity to resolve complex coordination problems. Hayek [1945] asked how privatel...
This paper studies the outcome of a two-stage global game wherein a market-based asset price determi...
We employ laboratory methods to study the stability of competitive equilibrium in Scarf's economy (S...
A fundamental problem in economics is determining how agreements are reached in situations where the...
In both arbitrage and utility pricing approaches, the \u85ctitious comple-tion appears as a very pow...
In virtually all previous work concerning informed trading on stock markets or futures markets those...
This paper studies sequential auctions of licences to operate in a market where those rms that obtai...
We study an oligopolistic industry where firms are able to sell in a futures market at infinitely ma...
Prediction markets which trade on contracts representing unknown future outcomes are designed speci...
Existence of equilibrium is proved for an exchange strategic market game with complete markets. An e...
Since market scoring rules have become popular as a form of market maker, it seems worth reviewing j...
This paper characterizes the out-of-equilibrium dynamics of a symmetric, pure exchange economy with ...
Abstract. The dynamic version of the Glosten and Milgrom (1985) model of asset pricing with asym-met...
URL des Documents de travail : http://ces.univ-paris1.fr/cesdp/CESFramDP2010.htmDocuments de travail...
We analyze how traders coordinate their expectations on a two-period equi-librium cycle of an overla...
Markets have the capacity to resolve complex coordination problems. Hayek [1945] asked how privatel...
This paper studies the outcome of a two-stage global game wherein a market-based asset price determi...
We employ laboratory methods to study the stability of competitive equilibrium in Scarf's economy (S...
A fundamental problem in economics is determining how agreements are reached in situations where the...
In both arbitrage and utility pricing approaches, the \u85ctitious comple-tion appears as a very pow...
In virtually all previous work concerning informed trading on stock markets or futures markets those...
This paper studies sequential auctions of licences to operate in a market where those rms that obtai...
We study an oligopolistic industry where firms are able to sell in a futures market at infinitely ma...
Prediction markets which trade on contracts representing unknown future outcomes are designed speci...
Existence of equilibrium is proved for an exchange strategic market game with complete markets. An e...
Since market scoring rules have become popular as a form of market maker, it seems worth reviewing j...