Equilibrium Mechanisms in a Decentralized Market

1994 ◽  
Vol 64 (2) ◽  
pp. 390-423 ◽  
Author(s):  
Michael Peters
Keyword(s):  
Decentralized Market

A Study On Technical Analysis With Reference To International Forex

Think India ◽  
2019 ◽  
Vol 22 (3) ◽  
pp. 1129-1144
Author(s):  
Bichith C. Sekhar ◽  
A. Umamaheswari
Keyword(s):  
Foreign Exchange ◽  
Abnormal Return ◽  
Foreign Exchange Market ◽  
Relative Strength ◽  
Exchange Market ◽  
Strength Index ◽  
Technical Tool ◽  
Alpha Beta ◽  
Decentralized Market ◽  
Currency Conversion

The foreign exchange market (Forex, FX, or currency market) is a global decentralized market for the trading of currencies. The foreign exchange market assists international trade and investments by enabling currency conversion. Our study is to test the technical tools to analyze about the technical impact and its return in the market.  For this purpose 13 cross currency pairs were taken as sample size and Jensen’s Alpha, Beta, Relative Strength Index, and Buy and Hold Abnormal Return were used as technical tool for analysis and the conclusion is that it’s not preferred to invest in JPY pairs as the volatility and the return are not up to the mark and its preferred to invest in EURCAD as the return was high when compared to other scripts and the market was moving accordingly to its cross currency pair.

scholarly journals Chandler in a Larger Frame: Markets, Transaction Costs, and Organizational Form in History

2004 ◽  
Vol 5 (3) ◽  
pp. 355-375 ◽  
Author(s):  
Richard N. Langlois
Keyword(s):  
Nineteenth Century ◽  
Transaction Costs ◽  
Organizational Form ◽  
Quarter Century ◽  
Visible Hand ◽  
Decentralized Market

In 1977, when Alfred D. Chandler's pathbreaking book The Visible Hand appeared, the large, vertically integrated, “Chandlerian” corporation had dominated the organizational landscape for nearly a century. In some interpretations, possibly including Chandler's own, The Visible Hand and subsequent works constitute a triumphalist account of the rise of that organizational form: the large, vertically integrated firm arose and prospered because of its inherent superiority, in all times and places, to more decentralized, market-oriented production arrangements. A quarter century later, however, the Chandlerian firm no longer dominates the landscape. It is under siege from a panoply of decentralized and market-like forms that often resemble some of the “inferior” nineteenth-century structures that the managerial enterprise had replaced.

scholarly journals On a spontaneous decentralized market process

2017 ◽  
Vol 2 (1) ◽  
pp. 1-37 ◽  
Author(s):  
Satoru Fujishige ◽  
◽  
Zaifu Yang ◽  
Keyword(s):  
Market Process ◽  
Decentralized Market

scholarly journals The persistent and informative distribution of returns on capital

2019 ◽  
Vol 8 (3) ◽  
pp. 156 ◽  
Author(s):  
Paulo L. Dos Santos ◽  
Jangho Yang
Keyword(s):  
Functional Form ◽  
Market Competition ◽  
Competitive Interactions ◽  
Cross Sectional ◽  
Market Economies ◽  
Complex Patterns ◽  
Stretched Exponentials ◽  
Decentralized Market

This Letter draws on series of very large national samples to show that cross-sectional distributions of realized returns on capital (RoC) are persistently well described by the same functional form: double stretched-exponentials. The Letter shows how the tails of these distributions can be understood as entropy maxima, suggesting complex patterns of competitive interactions across decentralized, market economies sustain formally persistent statistical equilibria in markets for capital. Such equilibria and their characteristics set the explanatory burden for successful economic accounts of the competitive regulation of profitability. They also point toward interesting new lines of inquiry on the systemic consequences of market competition in those economies and on the price structures it conditions. 

scholarly journals REMIND2.1: transformation and innovation dynamics of the energy-economic system within climate and sustainability limits

2021 ◽  
Vol 14 (10) ◽  
pp. 6571-6603
Author(s):  
Lavinia Baumstark ◽  
Nico Bauer ◽  
Falk Benke ◽  
Christoph Bertram ◽  
Stephen Bi ◽  
...  
Keyword(s):  
Economic System ◽  
New Technologies ◽  
Linear Optimization ◽  
Scale Up ◽  
Integrated Assessment Model ◽  
Assessment Model ◽  
Innovation Dynamics ◽  
Transformation Pathways ◽  
Economic Developments ◽  
Decentralized Market

Abstract. This paper presents the new and now open-source version 2.1 of the REgional Model of INvestments and Development (REMIND). REMIND, as an integrated assessment model (IAM), provides an integrated view of the global energy–economy–emissions system and explores self-consistent transformation pathways. It describes a broad range of possible futures and their relation to technical and socio-economic developments as well as policy choices. REMIND is a multiregional model incorporating the economy and a detailed representation of the energy sector implemented in the General Algebraic Modeling System (GAMS). It uses non-linear optimization to derive welfare-optimal regional transformation pathways of the energy-economic system subject to climate and sustainability constraints for the time horizon from 2005 to 2100. The resulting solution corresponds to the decentralized market outcome under the assumptions of perfect foresight of agents and internalization of external effects. REMIND enables the analyses of technology options and policy approaches for climate change mitigation with particular strength in representing the scale-up of new technologies, including renewables and their integration in power markets. The REMIND code is organized into modules that gather code relevant for specific topics. Interaction between different modules is made explicit via clearly defined sets of input and output variables. Each module can be represented by different realizations, enabling flexible configuration and extension. The spatial resolution of REMIND is flexible and depends on the resolution of the input data. Thus, the framework can be used for a variety of applications in a customized form, balancing requirements for detail and overall runtime and complexity.

Cost-Effective Decarbonization in a Decentralized Market: The Benefits of Using Flexible Technologies and Resources

2019 ◽  
Vol 17 (2) ◽  
pp. 25-36 ◽  
Author(s):  
Goran Strbac ◽  
Danny Pudjianto ◽  
Marko Aunedi ◽  
Dimitrios Papadaskalopoulos ◽  
Predrag Djapic ◽  
...  
Keyword(s):  
Cost Effective ◽  
Decentralized Market
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