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This chapter is based on the article “The Conceptual Flaws of Decentralized Automated Market Making” by Andreas Park, published in Management Science in 2023 ( https://doi.org/10.1287/mnsc.2021.02802 ). Andreas, a Professor of Finance at the University of Toronto, appointed to the Rotman School of Management and the Department of Management at UTM, kindly agreed to summarize this research and serves as the corresponding author for this chapter.

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AMM Pricing Functions: Concepts and Challenges

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    2025年

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  • Andreas Park

摘要

This chapter is based on the article “The Conceptual Flaws of Decentralized Automated Market Making” by Andreas Park, published in Management Science in 2023 ( https://doi.org/10.1287/mnsc.2021.02802 ). Andreas, a Professor of Finance at the University of Toronto, appointed to the Rotman School of Management and the Department of Management at UTM, kindly agreed to summarize this research and serves as the corresponding author for this chapter.