Modell eines selbstregulierenden, räumlich ausgedehnten Marktplatzes für Rohstoffhandel

Model for selfregulating, spacially extended market place for commodity trading

Björn Michaelis

MPRA Paper from University Library of Munich, Germany

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.

Keywords: Commodity; Hub; contract; market place; industrial economics; Rohstoffe; Vertragsstandard; Marktplatz; Industrieökonomie (search for similar items in EconPapers)
JEL-codes: K21 L1 L13 L14 L92 (search for similar items in EconPapers)
Date: 2017-05-17
New Economics Papers: this item is included in nep-mkt
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