Belleflamme, Paul; Peitz, Martin - C.E.P.R. Discussion Papers - 2007
-profit platforms affects sellers’ investment incentives. Investments in cost reduction, quality, or marketing measures are here the … investment incentives. As for-profit intermediaries reduce the rents that are available in the market, one might suspect that … sellers have weaker investment incentives with competing for-profit platforms. However, this is not necessarily the case. The …