Munich Personal RePEc Archive

Modell eines selbstregulierenden, räumlich ausgedehnten Marktplatzes für Rohstoffhandel

Michaelis, Björn (2017): Modell eines selbstregulierenden, räumlich ausgedehnten Marktplatzes für Rohstoffhandel.

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Abstract

The concept of a "Commodity Hub" is extended to the large areas with consumers, who differ in their transport costs. A marketplace operator defines regionalized contract standards, that can reduce price discrimination. For a duopoly, contract standards that are valid in one region react to relative price reductions in this region by expanding the region of their validity, if the marketplace operator wants to maximize its turnover.

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