The Primex Proposal, Minimum Bid Price Requirements, And NASDAQ Market Woes

Market Structure and Price Adjustment in the Iranian Tea Market

Negotiating Beyond the Bid Price

This paper discusses the limitations of current on-line auction systems and presents our guidelines for more dynamic attribute-based bidding. Our prototype application for airline flight bidding demonstrates our vision for interfaces that facilitate negotiation between buyers and sellers. INTRODUCTION Despite the growth in the number of on-line auction sites, there is still a need for a more dy...

The Law of One Price and the Cointegration of Meat Price in The Global Market: The Case of Iran’s Market

In view of the importance of the meat imports and the exports of meat in Iran, this study focuses on the status of the global market of meat imports the unit price test in these markets between the years 1961 and 2011 using the market cointegration approach. The results of this study are indicative of prices co-integration in the international market of meat as well as among such major importer...

Symposium on market microstructure: Focus on Nasdaq

This special issue of the Journal of Financial Economics includes six articles that analyze the market microstructure of Nasdaq in various ways. The question of the costs of trading on Nasdaq has become contentious in both the academic and legal/regulatory arenas since the Christie and Schultz (1994) article first noted that many actively traded Nasdaq stocks were almost never quoted on odd eig...

A Nasdaq Market Simulation: Draft in Progress

Isaac Saias, and others for their valuable comments and suggestions. We thank Paula Lozar for editing help. We acknowledge Nasdaq's financial support in working on this project. Usual disclaimer applies.