Price Discovery in a Continuous-Time Setting
نویسندگان
چکیده
منابع مشابه
Notes on Price Discovery with Price-setting Agents
[Oft-Told Anecdote] Three people were shipwrecked on an island, a physicist, and engineer, and an economist, along with one can of beans. The physicist said: “Let’s use thermodynamic principles to open the can – we can light a fire and let pressure build up until the can explodes.” The engineer demurred, saying: “Let’s use basic mechanical principles – let’s bang on the can with a rock until it...
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ژورنال
عنوان ژورنال: Journal of Financial Econometrics
سال: 2020
ISSN: 1479-8409,1479-8417
DOI: 10.1093/jjfinec/nbz030