Market Architecture: A Conceptual Framework and Real￤orld Systemsconcentrationfragmentationdark poolsinventory riskhigh‐frequency tradingThis chapter examines the logic behind evolving market architecture in financial markets. It starts by discussing the various types of market structure and the main driver ...
1995. Market Structure and Incomplete Information: Price Formation in a Real-World Repeated English Auction. Journal of Economic Behavior and Organization 27:421-37.Nelson, Jon P. (1995), "Market Structure and Incomplete Information: Price Formation in a real-world repeated English Auction", ...
A monopoly refers to a type of market structure where a single firm controls the entire market. In this scenario, the firm has the highest level of market power, as it supplies the entire demand curve and consumers do not have any alternatives. As a result, monopolies often reduce output t...
Foreign firms may also share in the collection of real economic rents, and may shift these rents abroad. In this paper, we develop a theoretical method to model the joint effect of regulation and market structure on services liberalization within a computational general equilibrium (CGE) context....
This market structure is commonly found inover-the-counter(OTC) markets such asbond markets, theforex market, and someequity markets. TheNasdaqand London SEAQ (Stock Exchange Automated Quotation)are two examples of equity markets which have roots in a quote-driven market structure. The Nasdaq str...
Trade market power serves as a significant indicator of pricing power within the trade market. This paper aims to examine the market structure of global forage trade from 1997 to 2020 and assess the market power of forage exporters in major importing cou
Regulations can create barriers to entry, affect market structure, and influence firm behavior. For example, antitrust laws aim to prevent monopolies and promote competition, while environmental regulations can impact production costs and drive innovation in clean technologies. Regulations can also protect...
Family Structure Level of Education Children Marital Status Religion Firmographic Segmentation While B2C brands usually use the above traits to segment and target users, firmographic segmentation is used to group B2B customers based on organizational attributes such as: ...
The Influence of Information Technology on Market Structure Today, information is vastly more available in real time than it has even been in the world's history, as demonstrated by developments such as electronic data interfaces between retail checkout counters and the factory floor or the ...
the concept of an equities market was anathema to the country's economic structure. It wasn't until 1990, amid Deng Xiaoping's economic reforms, that the modern Shanghai Stock Exchange was reestablished. This reopening marked a pivotal moment in China's transition toward a more market-oriented...