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Price Coherence and Excessive Intermediation
Intermediaries Platforms Two-Sided Markets Vertical Restraints Price Distribution Channels
2015/4/28
Suppose an intermediary provides a benefit to buyers when they purchase from sellers using the intermediary's technology. We develop a model to show that the intermediary would want to restrict seller...
Price Coherence and Adverse Intermediation
Intermediaries Platforms Two-Sided Markets Price Coherence Price Two-Sided Platforms
2015/4/27
Suppose an intermediary provides a benefit to buyers when they purchase from sellers using the intermediary's technology. We develop a model to show that the intermediary will want to restrict sellers...