Recent Research in Financial Modelling
Zambruno, Giovanni / Stokking, Evert J.
The book contains a selection of recently revised papers
that have initiallybeen presented at two different meetings
of the EURO Working Group on Financial Modelling. The papers
related to the microstructure of capital markets provide
evidence that the price dynamics of financial assets can on-
ly be explained - and modelled - on the basis of a careful
examination of the decision process which leads traders to
interact and fix the equil...