Middlemen versus Market Makers: A Theory of Competitive Exchange
收藏NBER2002-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w8883
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资源简介：
We present a model in which the microstructure of trade in a commodity or asset is endogenously determined. Producers and consumers of a commodity (or buyers and sellers of an asset) who wish to trade can choose between two competing types of intermediaries: 'middlemen' (dealer/brokers) and 'market
提供机构：
美国国家经济研究局
创建时间：
2002-04-01
