Jonathan Donier
Personal information
Affiliation(s)
- Capital Fund Management
23 rue de l'Université, 75007 Paris, France
Expertise
Research article
From Walras' auctioneer to continuous time double auctions: A general dynamic theory of supply and demand
Jonathan Donier — Jean-Philippe BouchaudIn standard Walrasian auctions, the price of a good is defined as the point where the supply and demand curves intersect. Since both curves are generically regular, the response to small perturbations is linearly small. However, a...
Research article
From Walras' auctioneer to continuous time double auctions: A general dynamic theory of supply and demand
Jonathan Donier — Jean-Philippe BouchaudIn standard Walrasian auctions, the price of a good is defined as the point where the supply and demand curves intersect. Since both curves are generically regular, the response to small perturbations is linearly small. However, a...
From Walras' auctioneer to continuous time double auctions: A general dynamic theory of supply and demand