Marketmaking Middlemen.

This article develops a model in which market structure is determined endogenously by the choice of intermediation mode. There are two representative modes of intermediation that are widely used in real‐life markets: one is a middleman mode where an intermediary purchases inventory from the wholesal...

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Detalles Bibliográficos
Publicado en:RAND Journal of Economics (Wiley-Blackwell) Vol. 54; no. 1; pp. 83 - 104
Autores principales: Gautier, Pieter, Hu, Bo, Watanabe, Makoto
Formato: Artículo
Publicado: Wiley-Blackwell Mar2023
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Acceso en línea:Ver este registro en EBSCOhost