Markov Properties with Sequential Bargaining

摘要：

Basing on the discourse about traditional model of the securities markets pricing mechanism, and considering the reality of the absence of the liquidity supplier in our countrys security markets, this paper works out a dynamic stochastic matching pricing model basing on Markov tactics of the traders. And by the empirical testing, it vitrifies the basic hypotheses of the model.

作者: Yu Fu Lin Liang

作者单位: School of Accounting, Hunan University Hunan Province, Changsha, 410082, China School of Economic and Management, Changsha University of Science and Technology, Hunan Province, Ch

会议类型: 国际会议

会议名称: The Second International Joint Conference on Computational Science and Optimization(CSO 2009)(2009 国际计算科学与优化会议)

会议地点: 三亚

会议语种:英文

页码: 1581-1585

在线出版日期: 2009-04-24（万方平台首次上网日期，不代表论文的发表时间）