An axiomatic characterization of adaptive-liquidity market makers

Xiaolong Li, Jennifer Wortman Vaughan. An axiomatic characterization of adaptive-liquidity market makers. In Michael Kearns, R. Preston McAfee, Éva Tardos, editors, ACM Conference on Electronic Commerce, EC '13, Philadelphia, PA, USA, June 16-20, 2013. pages 657-674, ACM, 2013. [doi]

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