Dynamic Markov Bridges and Market Microstructure

The construction of a Dynamic Markov Bridge, a useful extension of Markov bridge theory, addresses several important questions concerning how financial markets function, among them: how the presence of an insider trader impacts market efficiency;

Constructia unui pod Markov dinamic, o extensie utila a teoriei podului Markov, abordeaza cateva intrebari importante referitoare la modul in care functioneaza pietele financiare, printre care: modul in care prezenta unui comerciant privilegiat influenteaza eficienta pietei;