Similar Search Results

Intermediation and Competition in Search Markets : An Empirical Case Study

Salz, Tobias - 2017

This paper argues that intermediaries in decentralized markets can affect buyer welfare both directly, by reducing the expenses of buyers with high search cost but also indirectly, through a search-externality that affects the prices paid by those buyers that do not use intermediaries. These two...

Persistent link: https://www.econbiz.de/10012957272

Marketmaking middlemen

Gautier, Pieter; Hu, Bo; Watanabe, Makoto - 2016

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 …

Persistent link: https://www.econbiz.de/10011517977

Vertical contracting with endogenous market structure

Pagnozzi, Marco; Piccolo, Salvatore; Reisinger, Markus - 2019

A manufacturer chooses the optimal retail market structure and bilaterally and secretly contracts with each (homogeneous) retailer. In a classic framework without asymmetric information, the manufacturer sells through a single exclusive retailer in order to eliminate the opportunism problem....

Persistent link: https://www.econbiz.de/10012317383

Vertical relationships within platform marketplaces

Tremblay, Mark J. - In: Games 7 (2016) 3, pp. 1-21

In two-sided markets a platform allows consumers and sellers to interact by creating sub-markets within the platform marketplace. For example, Amazon has sub-markets for all of the different product categories available on its site, and smartphones have sub-markets for different types of...

Persistent link: https://www.econbiz.de/10011515638

A search-matching model for the buyer-seller platform

Chen, Kong-pin; Huang, Yen-Chi - In: CESifo economic studies : CESifo, a joint initiative of … 58 (2012) 4, pp. 626-649

Based on the frictional matching framework, the article provides a theoretical model for a specific type of two-sided platform: the buyerseller transaction platform. In the model, the number of participants and the source of network externalities are endogeneously determined. The platform is...

Persistent link: https://www.econbiz.de/10009743215