@inbook{9c41694dc75f4fd9ac7c23221652d126,
title = "Spontaneous segregation of agents across double auction markets",
abstract = "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 temperatureT; 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 belowTc.",
author = "Aleksandra Aloric and Peter Sollich and Peter McBurney",
year = "2014",
month = oct,
day = "17",
doi = "10.1007/978-3-319-09578-3_7",
language = "English",
isbn = "978-3-319-09577-6",
series = "Lecture Notes in Economics and Mathematical Systems",
publisher = "Springer International Publishing",
pages = "79--90",
editor = "Amblard, {Fr{\'e}d{\'e}ric } and { Miguel}, {Francisco J.} and Blanchet, {Adrien } and Gaudou, {Benoit }",
booktitle = "Advances in Artificial Economics",
}