1 document found, page 1 of 1
Sort by
Issue Date
Measuring the welfare of intermediaries in vertical markets
Donna, Javier; Pereira, Pedro; Pires, Tiago; Andrade, AndréWe empirically investigate the welfare of intermediaries in oligopolistic markets, where intermediaries offer additional services. We exploit the unique circumstance that, in our empirical setting, consumers can purchase from manufacturers or intermediaries. We specify an equilibrium model, and estimate it using product-level data. The demand includes consumers with costly search and channel-specific preference...
Date: 2019
|
Origin: Oasisbr