Sentence examples for based on market microstructure from inspiring English sources

ASY is the composite index of information asymmetry based on market microstructure measures of information asymmetry.

In order to capture the extent of information asymmetry, we use a composite index based on market microstructure measures estimated from high frequency data: the bid-ask spread, the illiquidity measure developed in Amihud (2002), the price impact introduced by Huang and Stoll (1996), the Probability of Informed Trading (PIN) of Easley et al.

We were initially surprised that the cultivated tetraploid germplasm differentiated into two groups based on market class (chip processing versus all other market classes), rather than one group (containing all market classes) or six groups (one for each market class).

It was based on market ideology. .

Countries were selected based on market strength or recent market growth.

Prices will be based on market prices or tariffs.

Focusing particularly on those aspects that neoclassical finance usually assumes away, the (more recent) literature on market microstructure provides a wealth of models featuring effects on market prices that could not be explained in the neoclassical framework.

In contrast to the corporate finance measures based on firm characteristics, market microstructure literature has proposed measures of information asymmetry that capture financial market perception about adverse selection risk, which arises from the presence of informed traders.

Crystallization behavior of Zr-based BMG is also determined based on the microstructure analysis.

The analysis based on competitive market, called Walrasian market, has been studied in [11].

In this paper, we evaluate the generators' profits based on the market clearing price (market price).