Competition for Order Flow and the Theory of Global Games
Author | : Jutta Dönges |
Publisher | : Springer-Verlag |
Total Pages | : 296 |
Release | : 2013-04-17 |
ISBN-10 | : 9783663077343 |
ISBN-13 | : 3663077349 |
Rating | : 4/5 (349 Downloads) |
Book Synopsis Competition for Order Flow and the Theory of Global Games by : Jutta Dönges
Download or read book Competition for Order Flow and the Theory of Global Games written by Jutta Dönges and published by Springer-Verlag. This book was released on 2013-04-17 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.