Cutting Out the Middleman: The Structure of Chains of Intermediation
收藏NBER2022-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w30109
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资源简介：
Distribution of goods often involves multiple intermediaries engaged in sequential buying and reselling. Why do these chains of intermediation exist, and what are their implications for consumers? We show that multi-intermediary chains arise in response to internal economies of scale in trade costs.
提供机构：
美国国家经济研究局
创建时间：
2022-06-01
