Results 211 to 220 of about 7,090 (268)

Equilibrium Reward for Liquidity Providers in Automated Market Makers

open access: yesMathematical Finance, EarlyView.
ABSTRACT We find the equilibrium contract that an automated market maker (AMM) offers to their strategic liquidity providers (LPs) in order to maximize the order flow that gets processed by the venue. Our model is formulated as a leader–follower stochastic game, where the venue is the leader and a representative LP is the follower.
Alif Aqsha   +2 more
wiley   +1 more source

Auctions and Bidding

open access: yesJournal of Economic Literature, 1986
McAfee, R Preston, McMillan, John
openaire   +2 more sources

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