Aggregation of Diverse Information with Double Auction Trading among Minimally-Intelligent Algorithmic Agents
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More about this item
Keywords
Algorithmic traders; Rational expectations; Structural rationality; Means-end heuristic; Information aggregation; Zero-intelligence agents;All these keywords.
JEL classification:
- C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
- D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
- D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
- D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CMP-2019-06-17 (Computational Economics)
- NEP-EXP-2019-06-17 (Experimental Economics)
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