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Showing papers on "Algorithmic trading published in 1971"



Journal ArticleDOI
TL;DR: The consumer seems to associate trading stamps with higher prices, as shown by the October 1966 food boycott [4, 5, 10, 18] and price perception surveys provide additional support for the existence of such consumer attitudes as mentioned in this paper.
Abstract: The consumer seems to associate trading stamps with higher prices, as shown by the October 1966 food boycott [4, 5, 10, 18]. Price perception surveys provide additional support for the existence of such consumer attitudes [2]. Although consumers may associate trading stamps with higher prices, the literature examining the relationship is contradictory [1, 3, 8, 9, 12, 13, 14, 15]. Both proponents and foes of trading stamps for example, have used the same U. S. Department of Agriculture study [17] to support opposite positions on this question [13, p. 17]. The use of food prices as the basis of comparison for most studies of the trading stamp-price relationship accounts for much of the debate [9, pp. 23-4]:

2 citations


Proceedings ArticleDOI
01 Jan 1971
TL;DR: A simulation model was developed to help a company analyze and improve its rules for purchasing one of its key raw materials and subsequently expanded to provide a basis for analyzing the trading system itself.
Abstract: This paper describes a simulation model that was developed to help a company analyze and improve its rules for purchasing one of its key raw materials. The material is traded on a commodity market and the company had successfully developed a system for forecasting price changes in the commodity market. The corporate executives were interested in evaluating the sales and returns that could be expected when various constraints were placed on commodity trading. The simulation was initially developed to address these questiond on trading limits and subsequently expanded to provide a basis for analyzing the trading system itself.

1 citations