A Comparison of Centralized and Fragmented Markets with Costly Search
Author:
Publisher
Wiley
Subject
Economics and Econometrics,Finance,Accounting
Link
http://onlinelibrary.wiley.com/wol1/doi/10.1111/j.1540-6261.2005.00770.x/fullpdf
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4. Price formation and equilibrium liquidity in fragmented and centralized markets;Biais;Journal of Finance,1993
5. Market transparency: Who wins and who loses?;Bloomfield;Review of Financial Studies,1999
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