Intermediation in over-the-counter markets with price transparency

Gabrovski, Miroslav; Kospentaris, Ioannis

doi:10.1016/j.jet.2021.105364

Search citation statements

Order By: Relevance

Paper Sections

Select...

Bargaining Between Customers and Dealers1

Citation Types

Supporting

Mentioning

Contrasting

Year Published

2024

Publication Types

Select...

Article3

Relationship

Self Cite0

Independent3

Authors

Journals

Cited by 3 publications

(2 citation statements)

References 59 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Lester, Rocheteau, and Weill (2015) provide a detailed analysis of competitive search in the present semi-centralized model. Wright, Kircher, Guerrieri, and Julien (2017) offer a survey of the literature, and Guerrieri and Shimer (2014), Chang (2018), Armenter and Lester (2017), Williams (2014), Chaumont (2018), Li (2018) and Gabovski and Kospentaris (2020) for OTC market applications.…”

Section: Bargaining Between Customers and Dealersmentioning

confidence: 99%

“…In contrast with the above cited literature, meetings are not random: agents can choose with whom to match. They show that endogenous intermediation arises too, as an efficient coordination mechanism to dynamically reduce misallocation Gabovski and Kospentaris (2020). also show that intermediation can arise in the absence of random matching, in the context of a competitive search model.…”

mentioning

confidence: 95%

See 1 more Smart Citation