About this episode
Contrary to popular belief, price discovery can occur at decentralized exchanges instead of at centralized exchanges. We discuss the underlying economics and how this affects bidding for block space. We also discuss how private memory pools affect bidding behavior and the price discovery process.
Guests: Ruizhe Jia (Stanford University), Shihao Yu (Singapore Management University)
Paper: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4236993
🟢 https://open.spotify.com/episode/5Jq7Z3SCQHRtma9NdqwpjV
🟣 https://podcasts.apple.com/us/podcast/ava-labs-x-cber-ep-14-price-discovery-at-decentralized/id1706838957?i=1000737259483
Guests
Ruizhe Jia
Assistant Professor in the Department of Management Science & Engineering at Stanford University
Shihao Yu
Assistant Professor of Finance at the Lee Kong Chian School of Business, Singapore Management University
Fahad Saleh
Associate Professor at the University of Florida
Andreas Park
Professor of Finance, University of Toronto
