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Efficiency Decay of Trading System

In: Trading Economics

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  • Zhenying Wang

    (Shanghai Gold Exchange)

Abstract

Resource allocation is the basic function of the trading system, and the efficiency of resource allocation in the trading system is a key indicator to measure the evolution of the trading system, and it is also a key factor in forming the core competitiveness of a country. We would like to prove that, with the evolution of the trading system, after the efficiency of resource allocation in the trading system has undergone a continuous rise, it will reverse the direction of evolution, showing a trend of efficiency decay, and plunge into the second half of the complete evolutionary cycle. This is an inevitable law that the evolution of the trading system cannot resist.

Suggested Citation

  • Zhenying Wang, 2024. "Efficiency Decay of Trading System," Contributions to Economics, in: Trading Economics, chapter 0, pages 567-582, Springer.
  • Handle: RePEc:spr:conchp:978-981-99-9875-3_25
    DOI: 10.1007/978-981-99-9875-3_25
    as

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