{"id":"https://openalex.org/W3008839925","doi":"https://doi.org/10.1109/wsc40007.2019.9004708","title":"Heterogeneous Assets Market Design","display_name":"Heterogeneous Assets Market Design","publication_year":2019,"publication_date":"2019-12-01","ids":{"openalex":"https://openalex.org/W3008839925","doi":"https://doi.org/10.1109/wsc40007.2019.9004708","mag":"3008839925"},"language":"en","primary_location":{"id":"doi:10.1109/wsc40007.2019.9004708","is_oa":false,"landing_page_url":"https://doi.org/10.1109/wsc40007.2019.9004708","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2019 Winter Simulation Conference (WSC)","raw_type":"proceedings-article"},"type":"conference-paper","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5113151563","display_name":"Yu An","orcid":"https://orcid.org/0000-0002-5056-8951"},"institutions":[{"id":"https://openalex.org/I145311948","display_name":"Johns Hopkins University","ror":"https://ror.org/00za53h95","country_code":"US","type":"education","lineage":["https://openalex.org/I145311948"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Yu An","raw_affiliation_strings":["Carey Business School, Johns Hopkins University, Baltimore, MD, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Carey Business School, Johns Hopkins University, Baltimore, MD, USA","institution_ids":["https://openalex.org/I145311948"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5002874750","display_name":"Zeyu Zheng","orcid":"https://orcid.org/0000-0001-5653-152X"},"institutions":[{"id":"https://openalex.org/I95457486","display_name":"University of California, Berkeley","ror":"https://ror.org/01an7q238","country_code":"US","type":"education","lineage":["https://openalex.org/I95457486"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Zeyu Zheng","raw_affiliation_strings":["Department of Industrial Engineering and Operations Research (IEOR), University of California, Berkeley, Berkeley, CA, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Industrial Engineering and Operations Research (IEOR), University of California, Berkeley, Berkeley, CA, USA","institution_ids":["https://openalex.org/I95457486"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":"13","issue":null,"first_page":"974","last_page":"983"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11195","display_name":"Simulation Techniques and Applications","score":0.9961000084877014,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11195","display_name":"Simulation Techniques and Applications","score":0.9961000084877014,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.989799976348877,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.9778000116348267,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/social-planner","display_name":"Social planner","score":0.8238375186920166},{"id":"https://openalex.org/keywords/asset","display_name":"Asset (computer security)","score":0.6371309161186218},{"id":"https://openalex.org/keywords/planner","display_name":"Planner","score":0.535936713218689},{"id":"https://openalex.org/keywords/matching","display_name":"Matching (statistics)","score":0.5227653980255127},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.5124662518501282},{"id":"https://openalex.org/keywords/closing","display_name":"Closing (real estate)","score":0.4904308021068573},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.3363323211669922},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.29826995730400085},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.23566678166389465},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.16746225953102112},{"id":"https://openalex.org/keywords/computer-security","display_name":"Computer security","score":0.10902655124664307}],"concepts":[{"id":"https://openalex.org/C2777706055","wikidata":"https://www.wikidata.org/wiki/Q7551303","display_name":"Social planner","level":2,"score":0.8238375186920166},{"id":"https://openalex.org/C76178495","wikidata":"https://www.wikidata.org/wiki/Q4808784","display_name":"Asset (computer security)","level":2,"score":0.6371309161186218},{"id":"https://openalex.org/C2776999362","wikidata":"https://www.wikidata.org/wiki/Q2349274","display_name":"Planner","level":2,"score":0.535936713218689},{"id":"https://openalex.org/C165064840","wikidata":"https://www.wikidata.org/wiki/Q1321061","display_name":"Matching (statistics)","level":2,"score":0.5227653980255127},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5124662518501282},{"id":"https://openalex.org/C2778775528","wikidata":"https://www.wikidata.org/wiki/Q5135432","display_name":"Closing (real estate)","level":2,"score":0.4904308021068573},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3363323211669922},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.29826995730400085},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.23566678166389465},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.16746225953102112},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.10902655124664307},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/wsc40007.2019.9004708","is_oa":false,"landing_page_url":"https://doi.org/10.1109/wsc40007.2019.9004708","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2019 Winter Simulation Conference (WSC)","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Partnerships for the goals","score":0.5,"id":"https://metadata.un.org/sdg/17"}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":18,"referenced_works":["https://openalex.org/W111229065","https://openalex.org/W1492655370","https://openalex.org/W2037728958","https://openalex.org/W2054222839","https://openalex.org/W2134759675","https://openalex.org/W2148043048","https://openalex.org/W2180251445","https://openalex.org/W2541261377","https://openalex.org/W2549628635","https://openalex.org/W2733497549","https://openalex.org/W2771182259","https://openalex.org/W3123769703","https://openalex.org/W4240518670","https://openalex.org/W4244276361","https://openalex.org/W4244632510","https://openalex.org/W6681952518","https://openalex.org/W6728730532","https://openalex.org/W6729193082"],"related_works":["https://openalex.org/W2039408232","https://openalex.org/W2082405712","https://openalex.org/W3150250294","https://openalex.org/W2004491964","https://openalex.org/W3121569587","https://openalex.org/W3139967592","https://openalex.org/W2023216454","https://openalex.org/W2382208734","https://openalex.org/W2949859577","https://openalex.org/W4383100704"],"abstract_inverted_index":{"In":[0],"this":[1],"paper,":[2],"we":[3,92],"study":[4,93],"market":[5,140],"design":[6,111,141],"issues":[7],"for":[8],"heterogeneous":[9],"assets.":[10,45],"We":[11,46,143],"consider":[12],"a":[13,27,67],"setting":[14],"with":[15],"multiple":[16,19],"assets":[17,71],"and":[18,82,119,151],"traders.":[20,63],"The":[21],"new":[22],"modeling":[23],"feature":[24],"is":[25,65],"that":[26,39,48],"social":[28],"planner":[29],"can":[30,42,54,75],"decide":[31],"to":[32,73,99,127,132,147,154],"shut":[33],"down":[34,50],"some":[35,51],"asset":[36,52],"markets":[37,53,98],"so":[38],"no":[40],"traders":[41],"trade":[43,74],"these":[44],"show":[47],"closing":[49],"increase":[55],"the":[56,85,94,109,117,128,134],"total":[57],"volume":[58],"of":[59,70,97,112,130],"trades":[60],"by":[61],"all":[62,138],"This":[64,104,123],"because":[66],"smaller":[68],"number":[69],"available":[72],"reduce":[76],"coordination":[77],"failures":[78],"between":[79],"different":[80,102],"traders,":[81],"therefore":[83],"improves":[84],"overall":[86],"matching":[87],"efficiency.":[88],"Using":[89],"numerical":[90],"simulation,":[91],"optimal":[95,110],"numbers":[96],"open":[100],"under":[101],"scenarios.":[103],"has":[105],"practical":[106],"implications":[107],"towards":[108],"session-based":[113],"trading":[114],"protocols":[115],"in":[116],"corporate":[118],"municipal":[120],"bond":[121],"markets.":[122],"problem":[124],"naturally":[125],"leads":[126],"use":[129],"simulation":[131,145],"select":[133],"best":[135],"system":[136],"from":[137],"possible":[139],"choices.":[142],"implement":[144],"experiments":[146],"demonstrate":[148],"our":[149],"finding":[150],"analyze":[152],"sensitivities":[153],"several":[155],"market-relevant":[156],"parameters.":[157]},"counts_by_year":[],"updated_date":"2026-07-14T23:27:15.235271","created_date":"2025-10-10T00:00:00"}
