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Scholes models accenting for increased market volatility from hedging strategies. Aopt Math. Finance 5, 45-82 (1998). 18. Avellaneda. M. & Lipkin, M. D.A market-induced mechanism for stack pinning. Quantit Finance 3,417-425 (2003). 19. Osier. C. L Macro lessons from microstructure. Int 1 Finance Econ
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