In general, market microstructure theory might be defined as “the study of the process and outcomes of exchanging assets under explicit rules” (Easley and O’Hara, 1995; p. 357) or “the area of finance that is concerned with the process by which investors’ latent demands are ultimately translated into transactions” (Madhavan, 2000; p. 205-206). Therefore, the [...]
Filed under: What I have learned from my PhD | 1 Comment »
