A paper by Ben Edelman and Julian Wright considers how intermediaries can compete with each other for buyers by offering bigger refunds than do their competitors, resulting in higher prices and lower welfare...
Price Coherence and Adverse Intermediation by Benjamin Edelman and Julian Wright
Price Coherence and Adverse Intermediation by Benjamin Edelman and Julian Wright
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.