edited by Zofia Bednarz, University of Sydney; Monika Zalnieriute, University of New South Wales, Sydney.
This open access book addresses four standard business school subjects: microeconomics, macroeconomics, finance and information systems as they relate to trading, liquidity, and market structure. It provides a detailed examination of the impact of trading costs and other impediments of trading that the authors call “frictions”. It also presents an interactive simulation model of equity mark…