Numerical Analysis and Computation Commons^™

Essays In Market Structure And Liquidity, Adrian J. Walton

Electronic Thesis and Dissertation Repository

Market structure concerns the mechanisms for negotiating trades and the composition of trading participants, and can affect liquidity and price efficiency. More gains from trade can be realized from an asset that is more liquid, and a better allocation of risk and capital can be achieved when an asset’s price is more efficient so it is important to understand market structure. This thesis uses theory and empirical methods to examine the effects of a few specific aspects of market structure.

In Chapter 1, we study a novel market structure on the New York Stock Exchange (NYSE), the Retail Liqudity Program …

A Comparison Of Solution Methods For Mandelbrot-Like Polynomials, Eunice Y. S. Chan

Electronic Thesis and Dissertation Repository

We compare two different root-finding methods, eigenvalue methods and homotopy methods, using three test problems: Mandelbrot polynomials, Fibonacci-Mandelbrot polynomials, and Narayana-Mandelbrot polynomials. For the eigenvalue methods, using both MATLAB and Maple, we computed the eigenvalues of a specialized recursively-constructed, supersparse, upper Hessenberg matrix, inspired by Piers Lawrence's original construction for the Mandelbrot polynomials, for all three families of polynomials. This led us to prove that this construction works in general. Therefore, this construction is genuinely a new kind of companion matrix. For the homotopy methods, we used a special-purpose homotopy, in which we used an equivalent differential equation to solve …