no code implementations • 30 May 2023 • Tivas Gupta, Mallesh M Pai, Max Resnick
We show that private order flow is complementary to top-of-block opportunities, and therefore integrated builder-searchers are more likely to participate in OFAs and outbid non integrated builders.
no code implementations • 4 Feb 2021 • Yi-Chun Chen, Manuel Mueller-Frank, Mallesh M Pai
The classic wisdom-of-the-crowd problem asks how a principal can "aggregate" information about the unknown state of the world from agents without understanding the information structure among them.
