Platform Disintermediation with Repeated Transactions

Fiche du document

Date

2 juin 2025

Type de document
Périmètre
Langue
Identifiants
Collection

Archives ouvertes

Licence

info:eu-repo/semantics/OpenAccess



Sujets proches En

Sellers

Citer ce document

Andreea Enache et al., « Platform Disintermediation with Repeated Transactions », HAL SHS (Sciences de l’Homme et de la Société), ID : 10670/1.689cd2...


Métriques


Partage / Export

Résumé En

We consider a setting in which a platform matches buyers and sellers, who then wish to transact with each other multiple times. The platform charges fees for hosting transactions, but also offers convenience benefits. We consider two scenarios. In one scenario, all transactions must occur on the platform; in the other scenario, buyers and sellers can disintermediate the platform after the first transaction, and do subsequent transactions offline. We find that the platform reacts to disintermediation by using a “front-loaded” pricing scheme, whereby it charges more for earlier transactions. We also show that sometimes the platform is better off when disintermediation is possible—because it can use disintermediation to screen users’ private information about their convenience benefits. Buyers are not necessarily better off when they can disintermediate, due to the way in which the platform adjusts its fees.

document thumbnail

Par les mêmes auteurs

Sur les mêmes sujets

Sur les mêmes disciplines