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I study intermediation in networked markets using a stochastic model of multilateral bargaining in which traders …
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matching, and directed search models. It also examines the bargaining that takes place once a match has occurred, with the … bargaining taking various forms, including two-party negotiations of different types and multiparty housing auctions. The chapter … reviews research on real estate brokers as intermediaries as well, focusing on the role of brokers in the matching and …
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