| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w27700 |
| 来源ID | Working Paper 27700 |
| Intermediation and Competition in Search Markets: An Empirical Case Study | |
| Tobias Salz | |
| 发表日期 | 2020-08-17 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | 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 New York City’s trade-waste market, where buyers can either search by themselves or through a waste broker. Combining elements from the empirical search and procurement-auction literatures, I construct and estimate a model for a decentralized market. Results from the model show that intermediaries improve welfare and benefit buyers in both the broker and the search markets. |
| 主题 | Microeconomics ; Market Structure and Distribution ; Industrial Organization ; Market Structure and Firm Performance ; Industry Studies |
| URL | https://www.nber.org/papers/w27700 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/585372 |
| 推荐引用方式 GB/T 7714 | Tobias Salz. Intermediation and Competition in Search Markets: An Empirical Case Study. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w27700.pdf（860KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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