Competitive Equilibrium with Middlemen: An Empirical Study
Competitive Equilibrium with Middlemen: An Empirical Study
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与中间商的竞争均衡:实证研究
DOI:
10.2307/1058163
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发表时间:
1981
影响因子:
1.9
通讯作者:
J. T. Uhl
中科院分区:
文献类型:
--
作者:
C. Plott;J. T. Uhl
Public distrust of middlemen frequently occurs in market systems. Boycotts, regulations, and investigations of middlemen are not uncommon [3; 7]. This position of disfavor is somewhat paradoxical since application of economic theory suggests that competition among middlemen can be relied upon to protect consumers and producers. According to received doctrine any differences in purchase and resale prices would reflect the costs involved in market making. Nevertheless public suspicion remains.