Search Results for author: Robin Nicole

Found 2 papers, 0 papers with code

Fragmentation in trader preferences among multiple markets: Market coexistence versus single market dominance

no code implementations7 Dec 2020 Robin Nicole, Aleksandra Alorić, Peter Sollich

These changes have re-emphasized the importance of understanding the effects of market competition: does proliferation of trading venues and increased competition lead to dominance of a single market or coexistence of multiple markets?

Dynamical selection of Nash equilibria using Experience Weighted Attraction Learning: emergence of heterogeneous mixed equilibria

no code implementations29 Jun 2017 Robin Nicole, Peter Sollich

We therefore compare with the results of Experience-Weighted Attraction (EWA) learning, which at long times leads to Nash equilibria in the appropriate limits of large intensity of choice, low noise (long agent memory) and perfect imputation of missing scores (fictitious play).

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