The design and development of a financial cybermarket with a bundle trading mechanism

International Journal of Electronic Commerce

Volumn 4, Issue 1, 1999, Pages 5-22

  Fan, Ming ^b   Stallaert, Jan ^a   Whinston, Andrew B ^a  

^a UNIVERSITY OF TEXAS AT AUSTIN   (United States)

^b NONE

Author keywords

Bundle trading; Distributed computing; Double auction; Financial markets; Java

Indexed keywords

EID: 0038686134     PISSN: 10864415     EISSN: None     Source Type: Journal    
DOI: 10.1080/10864415.1999.11518354     Document Type: Article

References (21)

1. Ausubel, L.M.; Cramton, P.; McAfee R.P.; and McMillan, J. Synergies in wireless telephony: Evidence from the broadband PCS auctions. Journal of Economics & Management Strategy, 6, 1 (1997), 497-527.
2. The 21st century stock market. Business Week, August 10, 1998, 66-72.
3. Bykowsky, M.M.; Cull, R.J.; and Ledyard, J.O. Mutually destructive bidding: The FCC auction design problem. Working paper. California Institute of Technology, 1998.
4. Clemons, E.K., and Weber, B.W. Restructuring institutional block trading: An overview of the OptiMark System. Journal of Management Information System, 15, 2 (1998), 41-60.
5. Cramton, P. The FCC spectrum actions: An early assessment. Journal of Economics & Management Strategy, 6, 1 (1997), 431-495.
6. Domowitz, I. The mechanics of automated trade execution systems. Journal of Financial Intermediation 1 (1990), 167-194.
7. Fan, M.; Stallaert, J.; and Whinston, A.B. Implementing a financial market using Java and Web-based distributed computing. Working paper. Austin: University of Texas at Austin, Center for Research in Electronic Commerce, 1998.
8. Kalakota, R., and Whinston, A.B. Frontiers of Electronic Commerce. Reading, MA: Addison-Wesley, 1996.
9. Kalakota, R.; Stallaert, J.; and Whinston, A.B. Worlwide real-time decision support systems for electronic commerce applications. Journal of Organizational Computing and Electronic Commerce, 6,1 (1996), 11-32.
10. Ledyard, J.O.; Porter, D.; and Rangel, A. Experiments testing multiobject allocation mechanisms. Journal of Economics & Management Strategy, 6, 1 (1997), 639-675.
11. Linden, P. Just Java. Palo Alto, CA: Sunsoft Press, 1997.
12. McAfee, R.P., and McMillan, J. Auctions and bidding. Journal of Economic Literature, 25 (1987), 699-738.
13. McAfee, R.P., and McMillan, J. Electronic markets. In R. Kalakoto and A.B. Whinston (eds.), Readings in Electronic Commerce. Reading, MA: Addison-Wesley 1996, pp. 293-309.
14. Mergers of markets may mean trading will be cheaper, speedier and easier. Wall Street Journal, July 14, 1998.
15. Oaks, S., and Wong, H. Java Threads. Sebastopol CA: O'Reily, 1997.
16. Plott, C.R. Market architecture, institutional landscape and testbed experiments. Economic Theory, 4, 1 (1994), 3-10.
17. Rustichini, A.; Satterthwaite, M. A.; and Williams, S.R. Convergence to efficiency in a simple market with incomplete information. Econometrica, 62, 5 (1994), 1041-1063.
18. Satterthwaite, M.A., and Williams, S.R. Bilateral trade with the sealed bid k-double auction: Existence and efficiency. Journal of Economic Theory, 48 (1989), 107-133.
19. Satterthwaite, M.A., and Williams, S.R. The rate of convergence to efficiency in the buyer's bid double auction as the market becomes large. Review of Economic Studies, 56 (1989), 477-498.
20. Siegel, Jon. CORBA: Fundamentals and Programming. New York: Object Management Group, 1996.
21. SOFFEX rules and regulations. Zurich: SOFFEXPublications, 1998.