Feb
24
2022
February 24th, 2022 – 11.00 (CET)
Virtual room: Click here to access the Zoom Virtual Room, or insert the Meeting id on your Zoom app: 816 7531 5372
Giulia Iori (City, University of London)
Experiments and computational models of trading in decentralized markets
Abstract:
We present the results of experimental and computational analysis of decentralized markets with asymmetric information. We examine how market efficiency and agents profit distribution depend on the structure of the underlying trading network and on the number and location of insiders. We find that market efficiency and fairness are both affected by the network macro-structure and that the network that better supports price efficiency is not necessarily the one that leads to greater fairness in profits. By calibrating a behavioural Agent Based Model to the experimental data we characterize the traders’ learning rule and shed further lights on the dynamics of information diffusion.
Stay updated with latest news on QFinLab seminars subscribing here: https://bit.ly/2TNtC6e
Information about future seminars: www.qfinlab.polimi.