Competition for Order Flow and the Theory of Global Games The impact of alternative trading systems on securities markets
Description
Jutta A. Dönges applies the recent theory of global games to a model of intermarket competition and shows the existence of a unique equilibrium. The author investigates whether and under which circumstances alternative trading systems can co-exist with established securities markets or even replace them.
Keywords
Business & EconomicsManagement ScienceManagement
2001Book
Author(s)Jutta Dönges
PublisherDeutscher Universitätsverlag
ISBN9783824474264
LanguageGerman
