The literature on the sociology of financial markets and institutional theory promotes
concepts of field, networks, performativity, agencement and financial entropy. This study …

The last few decades has seen an ever-increasing growth in the way activities are
productized and associated with a financial cost. This phenomenon, termed financialization …

Extreme events in financial markets can arise from fundamental information, but they can
also arise from latent hazards embedded in the market design. This is systemic risk and …

Limit order book simulations based on “zero-intelligence” or “entropy-maximizing” agents
address two difficult issues in financial economics. First, the models address the significance …

In this paper we take a retrospective look at our paper “Phantom Liquidity and High-
Frequency Quoting” and discuss the context of the research in light of our broader inquiry …