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- W1482938801 abstract "This paper furthers a research program in which the price at any point in time is determined by the market for access to trading partners. In this paper, the market is implemented by competitive brokers in a matching model of trade. If a certain condition holds, brokers can make profits by entering the market and offering a different ratio of buyers to sellers. Brokers are shown to set fees that eliminate congestion externalities. The fees constitute the price adjustment, generating dynamic price paths." @default.
- W1482938801 created "2016-06-24" @default.
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- W1482938801 date "1999-01-01" @default.
- W1482938801 modified "2023-09-27" @default.
- W1482938801 title "The Market for Access to Trading Partners, Brokers, and Price Determination" @default.
- W1482938801 hasPublicationYear "1999" @default.
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