Problem definition: We consider two business models for a two-sided economy under
uncertainty: dealership and marketplace with fulfillment services. Although both business …

We formulate and solve a costly multi-unit search problem for the optimal selling of a stock of
goods. Our showcase application is an inventory liquidation problem with holding costs …

This paper studies an intermediated market operated by middlemen with high inventory
holdings. I present a directed search model in which middlemen are less likely to experience …

We consider two business models for a two-sided economy under uncertainty: dealership
and marketplace. Although both business models can bridge the gap between demand and …