and give them information about their potential trading partner. The intermediary chooses what price it will charge to … each side to have access to its service. It also chooses what information it will reveal, for example to the buyer about … information, it would be optimal that all information about the buyers’ and sellers’ valuation for the traded product be available …

Information intermediaries deliver information about a supplier's product. They are paid by those same suppliers they … information about suppliers, while suppliers would want the intermediary to provide them with more customers than their quality … would otherwise entitle them to. The paper compares two options for information intermediaries: either propose a menu of …

Prevailing trade theory is a neglected stepchild of economics. Micro rejects the sole reason for trade’s occurrence. It … declares zero profit in equilibrium. Monetary theory and macroeconomics dismiss concerns of trade financing. They assert that … money has nothing to do with traded output, but everything to do with storing value. But now a new trade theory takes over …

analysis based on the New Institutional Economics, Market Microstructure Theory, and Information Economics shows that the three … interpreting intermediation as a single service it is pointed out that intermediaries can provide a number of services. The … intermediation services studied are, generally, not under threat by the diffusion of electronic commerce. The overall effects on …

des biens d'information en tant qu'objet d'échange, ainsi qu'à l'importance des effets de réseau. D'un point de vue … concret, les problèmes essentiels dont nous parlerons sont liés à la mise sur le marché des biens d'information, et au …

specifications, full incompatibility and preemption are again observed at the equilibrium. With incompatibility, entry deterrence …

The theoretical literature on industrial organization has been argued that firms hold excess capacity to deter entry … hold excess capacity not for entry deterrence but for getting higher benefit from other business strategy such as licensing …

entrants was not affected by the possibility of seller participation, which is also consistent with the theory. …