Speed Bump and Stock Market Quality: Evidence From NYSE American
ABSTRACT Should trading speed of high‐frequency traders be regulated? Using the data from the New York Stock Exchange American, this paper examines the impact of a speed bump on market liquidity and price discovery. Our results indicate that the use of a speed bump can lower the costs of adverse selection through reducing informed trading.
Bo Liu, Ke Xu
wiley +1 more source
Temporal Evolution of Contaminant Mass Discharge: Effect of Source Remediation at Contaminated Sites
Abstract Contaminant mass discharge (CMD) is a key metric for evaluating remediation performance at contaminated sites posing a risk to groundwater. This study assesses temporal CMD trends and associated uncertainties using a geostatistical approach at a chlorinated solvent contaminated site following source zone remediation, supported by two decades ...
Anton Bøllingtoft +4 more
wiley +1 more source
Disentangling Boltzmann Brains, the Time-Asymmetry of Memory, and the Second Law. [PDF]
Wolpert D, Rovelli C, Scharnhorst J.
europepmc +1 more source
Dynamics of High‐Growth Young Firms and the Role of Venture Capitalists
ABSTRACT Motivated by the substantial growth and upfront investments of venture capital (VC)‐backed firms observed in administrative US Census data, this study develops a life‐cycle firm dynamics model. In the model, startups choose the source of financing from VC, angel investors, or banks, depending on their growth potential, and invest in innovation.
Yoshiki Ando
wiley +1 more source
Investigation of closed form solitons for the stochastic Chavy-Waddy-Kolokolnikov equation in bacterial aggregation. [PDF]
Nawaz S +4 more
europepmc +1 more source
Pairwise Imitation and Tournament Graphs
ABSTRACT This paper investigates strategic dynamics under the behavioral rule of pairwise interact and imitate (PII), which requires minimal information and emphasizes outperforming opponents in pairwise interactions. We characterize PII using weak tournament graphs and, for a broad class of dynamics, establish a one‐shot stability result for ...
Sung‐Ha Hwang +3 more
wiley +1 more source
Clarifying space use concepts in ecology: Range vs. occurrence distributions. [PDF]
Alston JM +43 more
europepmc +1 more source
Miners' Reward Elasticity and Stability of Competing Proof‐of‐Work Cryptocurrencies
ABSTRACT Proof‐of‐Work cryptocurrencies employ miners to sustain the system through algorithmic reward adjustments. We develop a stochastic model of the multicurrency mining and identify conditions for stable transaction speeds. Bitcoin's algorithm requires hash supply elasticity <$<$1 for stability, while ASERT remains stable for any elasticity and ...
Kohei Kawaguchi +2 more
wiley +1 more source
Accelerated First-Passage Dynamics in a Non-Markovian Feedback Ornstein-Uhlenbeck Process. [PDF]
Coghi F, Duvezin R, Wettlaufer JS.
europepmc +1 more source

