Order Routing and Market Quality: Who Benefits From Internalization?
ABSTRACT Does retail order internalization benefit (via price improvement) or harm (via reduced liquidity) retail traders? To answer this question, we compare two market designs that differ in their mode of liquidity provision: In the setting capturing retail order internalization, liquidity is provided by market makers (wholesalers) competing for the ...
Umut Çeti̇n, Albina Danilova
wiley +1 more source
On Double Cyclic Codes over Finite Chain Rings for DNA Computing. [PDF]
Ali S +4 more
europepmc +1 more source
ABSTRACT This paper examines the complex relationship between government debt and income distribution within a post‐Keynesian framework. Extending the model of You and Dutt (1996), we model both capitalists and workers as holders of government bonds, enabling a more nuanced analysis of income distribution dynamics.
Hagen M. Krämer +2 more
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Chaotic analysis, hopf bifurcation and collision of optical periodic solitons in (2+1)-dimensional degenerated Biswas-Milovic equation with Kerr law of nonlinearity. [PDF]
Al-Sawalha MM, Noor S, Shah R, Yasmin H.
europepmc +1 more source
ABSTRACT The paper examines the financial balances of the US economy. Government is the main borrower and households and the foreign sector the main lenders. Business net lending is minimal. The balances and their underlying transactions contradict the loanable funds theory and its “global savings glut” variation.
Michalis Nikiforos, Lance Taylor
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Flow partition in two-dimensional open channels with porous structures. [PDF]
Radiyan FM, Liu X.
europepmc +1 more source
Scalable Implementation of Mean-Field and Correlation Methods Based on Lie-Algebraic Similarity Transformation of Spin Hamiltonians in the Jordan-Wigner Representation. [PDF]
Ghassemi Tabrizi S +3 more
europepmc +1 more source
Can we repudiate ontology altogether?
Abstract Ontological nihilists repudiate ontology altogether, maintaining that ontological structure is an unnecessary addition to our theorizing. Recent defenses of the view involve a sophisticated combination of highly expressive but ontologically innocent languages combined with a metaphysics of features—non‐objectual, complete but modifiable states
Christopher J. Masterman
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A novel color images security-based on SPN over the residue classes of quaternion integers [Formula: see text]. [PDF]
Sajjad M, Alqwaifly NA.
europepmc +1 more source
Aggregation and the Structure of Value
ABSTRACT Roughly, the view I call “Additivism” sums up value across time and people. Given some standard assumptions, I show that Additivism follows from two principles. The first says that how lives align in time cannot, in itself, matter. The second says, roughly, that a world cannot be better unless it is better within some period or another.
Weng Kin San
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