Dynamic equilibrium of market making with price competition

DOI10.1007/s13235-020-00373-wzbMath1480.91128OpenAlexW3112440797MaRDI QIDQ2062249

Harry Zheng, Jialiang Luo

Publication date: 27 December 2021

Published in: Dynamic Games and Applications (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s13235-020-00373-w

zbMATH Keywords

price competitionmarket makingdynamic equilibriumnonzero-sum stochastic differential gamegeneralized Issac's condition

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Applications of game theory (91A80) Stochastic games, stochastic differential games (91A15)

Related Items (1)

Dynamics of market making algorithms in dealer markets: Learning and tacit collusion

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