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Trading intermediaries can be classified as merchant intermediaries or as accountant intermediaries. Bailey and Bakos (1997) analyzed a number of case studies and identified four roles of electronic intermediaries including information aggregating, providing trust, facilitating and matching.
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In law, the job of an intermediary involves conveying messages between principals in a dispute, preventing direct contact and potential escalation of the issue. In law, intermediaries can facilitate communication between a vulnerable
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Bailey, J. P., & Bakos, J. Y. (1997). An
Exploratory Study of the Emerging Role of Electronic Intermediariations and Policy, International Journal of Electronic Commerce, 1(3), pp.7-20.
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In trade, an intermediary middleman acts as a conduit for goods or services offered by a supplier to a consumer. Typically the intermediary offers some
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and court personnel to acquire valuable evidence. Intermediaries can facilitate communication between a vulnerable
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to the transaction that may not be possible by direct trading. Examples of intermediaries are
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is creating opportunities to automate the role of an intermediary in many industries.
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