Physical Sciences and Mathematics Commons^™

An Assessment Of Strategies For Choosing Between Competitive Marketplaces, Tim Miller, Jinzhong Niu

Publications and Research

Traders that operate in markets with multiple competing marketplaces must often choose with which marketplace they will trade. These choices encourage marketplaces to seek competitive advantages against each other by adjusting various parameters, such as the price they charge, or how they match buyers and sellers. Traders can take advantage of this competition to improve utility. However, appropriate strategies must be used to decide with which marketplace a trader should shout. In this paper, we assess several different solutions to the problem of marketplace selection by running simulations of double auctions using the JCAT platform. The parameter spaces of these …