Jullien, Bruno - In: CESifo economic studies : CESifo, a joint initiative of … 51 (2005) 2/3, pp. 233-260
The object of this paper is to discuss intermediation on-line from the perspective of two-sided markets. It builds a simple model of the intermediation activity when trading partners are involved into a commercial relationship and uses it to illustrate some of the results that emerge in the...