The Essex Finance Centre warmly invites you to join Professor Guilia Iori as she explores the effects of market opacity and trade frictions.
14:00 - 16:00
Professor Giulia Iori, Professor in Economics, City University
Lectures, talks and seminars
Essex Finance Centre Research Seminar Series
Essex Business School
Thanos Verousis firstname.lastname@example.org
As part of the Essex Finance Centre Research Seminars at the Essex Business School, the aim of this seminar will explore the effects of market opacity and trade frictions on market efficiency and social welfare.
The aim of this paper is to examine the effects of market opacity and trade frictions, on market efficiency and social welfare in exchanges organised by centralised trade and intermediation.
Networks are natural tools to represent the trading relationship among market participants in decentralised markets.
By constraining matching on exogenously predetermined networks and without altering the price formation mechanisms, which based on the bilateral trade limit order book technology, we compare and interpolate between highly decentralised and fully connected double auction markets.
Via laboratory experiments with human subjects we investigate
This is a open event. Please feel free to bring your colleagues, friends and classmates along.
Professor Giulia Iori obtained her PhD in Physics from the University of Rome in 1993. After this she held postdoctoral positions at a number of universities in the USA and Europe, in 1998 she joined the University of Essex as Lecturer in Finance. In 2000 she moved to King's College London as a Lecturer and then a Reader in Financial Mathematics.
She has joined City, University of London, as Professor in Economics in 2005 and she is currently the Head of Economics Department.
Giulia has been a leading contributor to the development of the an approach to complexity in financial markets and economic network derived from the tools of statistical mechanics and has been a pioneer in applying Agent Based Models to Economics.
Her research, in the area of Financial Economics and Financial Mathematics, has been funded by;
She was also awarded the Lamfalussy Fellowship from the European Central Bank in 2003.
Professor Giulia Iori is Co-Editor of the Journal of Economic Interaction and Coordination an Associate Editor of the Journal of Economics Dynamics and Control.
She serves on the ESRC Grant Assessment Panels and is a member of the London Mathematics Society as well as being a Chartered Physicist.