Subscribe Now Subscribe Today
Science Alert
 
Blue
   
Curve Top
Journal of Applied Sciences
  Year: 2013 | Volume: 13 | Issue: 6 | Page No.: 862-868
DOI: 10.3923/jas.2013.862.868
 
Facebook Twitter Digg Reddit Linkedin StumbleUpon E-mail

Research on Continuous Double Auction Strategy in the Weak Efficient Markets

First A. Yantao Bai

Abstract:
In view of continuous auction market dynamics and great uncertainty, the continuous bidding strategy design has long held prominence. By employing simulation, this paper posits recommendations for the continuous auction market to discover an effective bidding strategy. The first simulation of "zero" strategy in continuous auctions verified the characteristics of the "random walk”. Here, we demonstrate that this simulation can replicate an environment of a weak continuous auction market. Next, we proposed the Eye-on-best (EOB) auction strategy for the best group price. Finally, the simulation data verified that a continuous bidding strategy for the best group price could achieve a greater return than the "zero" continuous bidding strategy. This strategy assists decision-making in a random walk continuous auction market environment.
PDF Fulltext XML References Citation Report Citation
How to cite this article:

First A. Yantao Bai , 2013. Research on Continuous Double Auction Strategy in the Weak Efficient Markets. Journal of Applied Sciences, 13: 862-868.

DOI: 10.3923/jas.2013.862.868

URL: https://scialert.net/abstract/?doi=jas.2013.862.868

COMMENT ON THIS PAPER
 
 
 

 

 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 

Curve Bottom