The limit-price mechanism.
type: Item
instance of: scholarly article
title: The limit-price mechanism.
zbMATH Open document ID: 1048.91050
DOI: 10.1016/S0304-4068(03)00015-6
published in: Journal of Mathematical Economics
publication date: 2003-08-17T00:00:00Z
review text: This standard Shapley-Shubik strategic market game with two commodities (the double auctions) is generalized to a multi-commodity fully symmetric trading model. As a result the proper Shapley's windows model extends to allow for limit orders in addition to market orders. It is noted that the problem can be considered as an idealized description of the functioning of foreign exchange markets -- or even of those together with the major securities and commodities.
Mathematics Subject Classification ID: 91B26
Mathematics Subject Classification ID: 91A10
Mathematics Subject Classification ID: 91-02
zbMATH DE Number: 1965139
zbMATH Keywords: market models
zbMATH Keywords: auctions
zbMATH Keywords: double auction
Wikidata QID: Q61050792
author: Jean-François Mertens
reviewed by: Sergei Georgievich Zhuravlev
MaRDI profile type: Publication
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full work available at URL: s0304-4068(03)00015-6
OpenAlex ID: W2032445587
description: scientific article; zbMATH DE number 1965139