Market microstructure : Intermediaries and the theory of the firm.
By Bert Scholtens. 2000
195 citations recorded by the source corpus.
View Paper: https://www.semanticscholar.org/paper/72ddf0c62b6050bd5632e80b0c702b8b4ebdd62d
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Citations in the corpus
- Dynamic Matching, Two-Sided Incomplete Information, and Participation Costs: Existence and Convergence to Perfect Competition (2007, unknown): “Now, since the slope of Sδ is at most one (see the formula in Proposition 7), it follows that m+Nδ ≥ ε 3 gδNδ, (23)”
- Leasing and Secondary Markets: Theory and Evidence from Commercial Aircraft (2011, unknown): “while z1 (1) satisfies V1 (z1 (1)) = V2 (z1 (1)) + p1 − p2 ( 41 )”
- Platform Intermediation in a Market for Differentiated Products (2009, unknown): “In the classical literature on intermediation, intermediaries “make the market” by choosing input and output prices to maximize their profits (see Spulber (1999) and the references therein).”
- On Modes of Economic Governance (2001, methodology): “Spulber (1999) has a thorough analysis of intermediation between firms, using the transaction cost economics framework.”
- Middlemen versus Market Makers: A Theory of Competitive Exchange (2002, background): “The distribution of bid prices Fβ is uniform on the interval 1 k 2 8δ 1 k 1 2δ 2 8δ (22) We can see from these equations that as δ G 0 and k G 0, the distributions of bid and ask prices converge to a degenerate distribution with all mass on the single price p H 5, the Walrasian equilibrium value.”
- Service-oriented technology and management: Perspectives on research and practice for the coming decade (2008, background): “The intermediation theory of the firm (Spulber, 1999; Spulber, 2003) also should be helpful for senior managers who want to predict what will happen with the IT service industry's structure during the coming decade.”
- Economic markets as calculative collective devices (2005, methodology): “In economics it has been proposed explicitly as a tool for studying pricing mechanisms and is used widely in the analysis of financial markets , although it is not limited to these two areas ( Madhavan , 2000 ; Spulber , 1999 ) .”
- Peripheral Vision (2005, unknown): “This characterization will enable us to consider asymmetries of calculation — a key issue in the analysis of commercial struggles.”
- Landing the First Job: The Value of Intermediaries in Online Hiring (2016, unknown): “1”