G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1534
DP1534 Potential Unemployment Benefit Duration and Spell Length: Lessons from a Quasi-experiment in Austria
Rudolf Winter-Ebmer
发表日期1996-12-31
出版年1996
语种英语
摘要This paper examines how the introduction of a direct trade alternative for buyers and sellers affects competition among middlemen. Direct trade makes middlemen?s supply and demand functions depend on both bid and ask prices, a feature we term interdependence. A simple model is used to illustrate this phenomenon and to show how interdependence effects depend on the efficiency of direct trade. We find that direct trade does not alter Stahl?s (1988) finding that middlemen may ?corner? the market. This occurs under different conditions and with smaller distortions if there is an active direct trade possibility for sellers and buyers, however.
主题Industrial Organization
关键词Intermediation Middleman Monopolization
URLhttps://cepr.org/publications/dp1534
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/530683
推荐引用方式
GB/T 7714
Rudolf Winter-Ebmer. DP1534 Potential Unemployment Benefit Duration and Spell Length: Lessons from a Quasi-experiment in Austria. 1996.
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