Intermediation and Competition in Search Markets: An Empirical Case Study
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https://www.nber.org/papers/w27700
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资源简介:
Intermediaries in decentralized markets can affect buyer welfare both directly, by reducing expenses for buyers with high search cost and indirectly, through a search-externality that affects the prices paid by buyers that do not use intermediaries. I investigate the magnitude of these effects in
提供机构:
美国国家经济研究局
创建时间:
2020-08-01



