{"product_id":"market-microstructure-theory-by-maureen-ohara-9780631207610","title":"Market Microstructure Theory","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eWritten by one of the leading authorities in market microstructure research, this book provides a comprehensive guide to the theoretical work in this important area of finance.\u003c\/p\u003e\n\n\u003cp\u003eAfter an introduction to the general issues and problems in market microstructure, the book examines the main theoretical models developed to address inventory-based issues. There is then an extensive examination and discussion of the information-based models, with particular attention paid to the linkage with rational expectations models and learning models.\u003c\/p\u003e\n\n\u003cp\u003eThe concluding chapters are concerned with price dynamics and with applications of the various models to specific microstructure problems including:\u003c\/p\u003e\n\n\u003cul\u003e\n\u003cli\u003eLiquidity.\u003c\/li\u003e\n\u003cli\u003eMulti-market trading.\u003c\/li\u003e\n\u003cli\u003eMarket structure.\u003c\/li\u003e\n\u003cli\u003eMarket Design.\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003cp\u003e\u003cem\u003eMarket Microstructure Theory\u003c\/em\u003e includes extensive appendices developing Bayesian learning and the rational expectations framework.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47596886130924,"sku":"9780631207610","price":73.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/b0fb96b51abb5b1b31464822d8e7f680.jpg?v=1777955536","url":"https:\/\/bookhero.co.nz\/products\/market-microstructure-theory-by-maureen-ohara-9780631207610","provider":"Book Hero","version":"1.0","type":"link"}