Jackson, William A. orcid.org/0000-0001-5194-7307 (2007) On the social structure of markets. CAMBRIDGE JOURNAL OF ECONOMICS. pp. 235-253. ISSN 0309-166X
Abstract
Economic theorists have seldom discussed the social structures behind markets, even though market trading relies heavily on seller/buyer roles and personal relations among traders. This paper considers the structural basis of markets and proposes a layered approach which accommodates a wide range of competitive and relational trade within a definition of markets that distinguishes them from non-market exchange. Giving due regard to social structures lays bare the institutional character of markets and provides a rationale for case studies of how particular markets function.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Keywords: | markets,social structure,agency,competition,rivalry,economic theory,institutions |
Dates: |
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Institution: | The University of York |
Academic Units: | The University of York > Faculty of Social Sciences (York) > Economics and Related Studies (York) |
Depositing User: | Pure (York) |
Date Deposited: | 14 Jun 2017 08:15 |
Last Modified: | 08 Feb 2025 00:14 |
Published Version: | https://doi.org/10.1093/cje/bel031 |
Status: | Published |
Refereed: | Yes |
Identification Number: | 10.1093/cje/bel031 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:117726 |
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