We develop a model to show that the intermiary would wa. Int to restrict sellers from charging buyers more for transactions it intermiates. With this restriction an intermiary can pr. Iofitably raise demand for its services by eliminating any extra price buyers face for purchasing through the intermiary. We show that this leads to inflat retail prices excessive adoption of the intermiaries services over investment in benefits to buyers and a ruction in . Jconsumer surplus and sometimes welfare.
Competition among intermarries intensifies
These problems by increasing the magn. Iitude of their effects and broadening the circumstances in which they arise. We discuss applications to payment card . Isystems travel reservation syste. Is rebate services and various other intermiaries. Download working paper http benel. Iman.org publications pricecoherence .pdf pdf Finance and Social Responsibility in the Informal Economy Institutional Voids Globalization and Microfinance Institutions By Bahrain Phone Numbers List Liang Hao Christopher Marquis and Sunny Li Sun ABSTRACT—We examine the heterogeneous effects of globalization on the interest rate setting by microfin. Iance institutions MFIs around the world. We consider MFIs as a mechanism to overcome the institutional void of crit for small entrepreneurs in developing and emerging economies. Using a large global panel of MFIs from countries we find that social globalization that embraces egalitarian institutions on average ruces MFIs interest rates.
In contrast economic globalization that embraces
Neoliberal institutions on average increases MFIs interest rates. Moreover the proportions of female borrowers and of poorer borrowers negati. Ively moderate the relationship between social global. Iization and MFI interest rate and p. Oositively moderate the relationship between economic globalization and MFI interest rate. how global. Iization processes can both France Whatsapp Number ameliorate and exacerbate challenges of institutional voids in emerging and developing economies. Download working paper http ssrn abstract Crony Capitalism Ame. Irican Style What Are We Talking About Here By Salter Malcolm S. ABSTRACT—This paper seeks to ruce the ambiguity surrounding our understanding of what crony capitalism is what it is not what costs crony capitalism leaves in its wake and how we might contain it.
