英文标题：
《Spontaneous Segregation of Agents Across Double Auction Markets》
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作者：
Aleksandra Alori\\\'c, Peter Sollich and Peter McBurney
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最新提交年份：
2017
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英文摘要：
  In this paper we investigate the possibility of spontaneous segregation into groups of traders that have to choose among several markets. Even in the simplest case of two markets and Zero Intelligence traders, we are able to observe segregation effects below a critical value Tc of the temperature T; the latter regulates how strongly traders bias their decisions towards choices with large accumulated scores. It is notable that segregation occurs even though the traders are statistically homogeneous. Traders can in principle change their loyalty to a market, but the relevant persistence times become long below Tc.
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中文摘要：
在本文中，我们研究了自发分离为交易者群体的可能性，这些交易者必须在几个市场中进行选择。即使在两个市场和零情报交易者的最简单情况下，我们也能够在温度T的临界值Tc以下观察到隔离效应；后者规定了交易者对累积分数较大的选择的偏好程度。值得注意的是，即使交易者在统计上是同质的，也会发生分离。原则上，交易者可以改变他们对市场的忠诚度，但相关的持续时间会长时间低于Tc。
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分类信息：

一级分类：Quantitative Finance        数量金融学
二级分类：Economics        经济学
分类描述：q-fin.EC is an alias for econ.GN. Economics, including micro and macro economics, international economics, theory of the firm, labor economics, and other economic topics outside finance
q-fin.ec是econ.gn的别名。经济学，包括微观和宏观经济学、国际经济学、企业理论、劳动经济学和其他金融以外的经济专题
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