Double Auction Market

Discover the intricacies of market dynamics with Double Auction Market by Dan Friedman, published by Taylor & Francis Inc in 1993. This comprehensive paperback spans 456 pages, delving into the fascinating world of double auction markets where both buyers and sellers actively participate by submitting bids and asks for standardized commodities and securities.

Friedman expertly examines empirical evidence drawn from laboratory experiments and computer simulations, providing readers with a thorough understanding of how these markets operate. Whether you are a student of economics, a market analyst, or simply interested in financial systems, this book offers valuable insights into the behavior of market participants and the efficiency of auction mechanisms. Enhance your knowledge of economic theory and market practices with this essential resource.