platform, in which case consumers retain part of the economic rents. The market allocation is constraint efficient in the sense …

This paper develops a model in which market structure is determined endogenously by the choice of intermediation mode …. We consider two representative business modes of intermediation that are widely used in real-life markets: one is a … other. In our model, buyers and sellers can simultaneously search in an outside market and use the intermediation service …

the meeting technology affect the allocation of buyers to sellers. We show that a separate submarket for each type of …

disadvantage is that it takes more time before an optimal allocation is reached because more productive firms (for a particular …

This paper explores the effect of airline emissions charges on airfares, airline service quality, aircraft design … load factors, and raise aircraft fuel efficiency, while having no effect on aircraft size. Given that these adjustments …