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choice in the context of the fragmented equity markets. We provide a brief background on the history of trading fragmentation … in the equity market and its determinants. We discuss the direct and indirect impacts of the market fragmentation on …
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We investigate the causal effect of market structure on market performance in the consumer electronics. We combine data from Austria's largest online site for price comparisons with retail data on wholesale prices provided by a major hardware producer for consumer electronics. We observe input...
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