Oriol, Nathalie; Rufini, Alexandra; Torre, Dominique - In: The Journal of Risk Finance 16 (2015) 3, pp. 303-320
network externalities, and heterogeneous local trading services providers (alternative platforms and incumbent) in an … point out the importance of the trade-off between diversification and externalities. With alternative platforms entry … increase of domestic platforms’ number then has more complex effects on externalities (of information and liquidity). When the …