@article{asimplemicrostructuralexplanationofthe,
  title = {A simple microstructural explanation of the concavity of price impact},
  author = {Sergey Nadtochiy},
  year = {2020},
  eprint = {2001.01860},
  archivePrefix = {arXiv},
  url = {https://arxiv.org/abs/2001.01860v2},
}