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On the Efficiency of Long Intermediation Chains

https://doi.org/10.2139/ssrn.2785836
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29/29 checkable references clean · checked 2026-10-14

Every reference with a DOI in the deposited reference list resolved to a known work in Crossref or DataCite at the dated check, and none carried a retraction, withdrawal, or removal notice.

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The 29 checked references that resolve
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The Market for OTC Derivatives
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Banks' Risk Exposures
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Soft Dollars and the Brokerage Industry
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Market Making, the Tick Size, and Payment-for-Order Flow: Theory and Evidence
resolves10.2139/ssrn.2410174
Cash Providers: Asset Dissemination Over Intermediation Chains
resolves10.1111/jofi.12272
An Information‐Based Theory of Time‐Varying Liquidity
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The value of trading relations in turbulent times
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Government interventions in a dynamic market with adverse selection
resolves10.1111/j.1540-6261.2012.01771.x
Financial Expertise as an Arms Race
resolves10.1257/aer.20140662
Asymmetric Information and Intermediation Chains
resolves10.2139/ssrn.1681151
A Network-Based Analysis of Over-the-Counter Markets
resolves10.1093/rfs/hhl012
Financial Intermediation and the Costs of Trading in an Opaque Market
resolves10.2139/ssrn.3051859
Relationship Trading in OTC Markets
resolves10.1093/rfs/hhx027
Bid-Ask Spreads, Trading Networks, and the Pricing of Securitizations
resolves10.3386/w20746
Heterogeneity in Decentralized Asset Markets
resolves10.2139/ssrn.2437975
News and Corporate Bond Liquidity
resolves10.1002/9781118445785.ch1
Foreign Exchange Market Structure, Players, and Evolution
resolves10.2139/ssrn.2023201
Dealer Networks
resolves10.1111/jofi.12378
Information Flows in Foreign Exchange Markets: Dissecting Customer Currency Trades
resolves10.1287/moor.6.1.58
Optimal Auction Design
resolves10.1016/0022-0531(83)90048-0
Efficient mechanisms for bilateral trading
resolves10.2139/ssrn.2676116
Heterogeneous Clienteles and Dealer Networks
resolves10.1016/j.jfineco.2006.01.007
Do today's trades affect tomorrow's IPO allocations?☆
resolves10.1111/j.1540-6261.2006.01058.x
Are IPO Allocations for Sale? Evidence from Mutual Funds
resolves10.2139/ssrn.2584043
Limited Investment Capital and Credit Spreads
resolves10.1086/256964
Vertical Integration and Antitrust Policy
resolves10.1086/422631
Inter‐Dealer Trading in Financial Markets
resolves10.1111/iere.12053
BUYERS, SELLERS, AND MIDDLEMEN: VARIATIONS ON SEARCH‐THEORETIC THEMES
The 3 references without a DOI — listed, not checked
no DOI — not checkedref8
no DOI — not checkedOn Informationally Decentralized Systems
no DOI — not checkedref32
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