Keyword: middlemen
Death of the Music Middleman (3/7/2007)
The middleman role of music labels to produce, distribute, and promote albums has been compromised by the Internet to the benefit of the artists and consumers.
Keywords: artists, bands, CD, clap your hands, direct marketing, distribution, download, loss leader, middleman, middlemen, music label, Target
Transaction Costs and Market Structure (2/2/2000)
The ubiquitous existence of transactions costs in the real world determines both the institutional structure within which prices are set and the level of prices.
Keywords: comparative advantage, fish market, institution, market, market structure, middleman, middlemen, price determination, specialization, transaction costs