Markets, Evaluations and Rankings
2011 (English)In: Historical Social Research / Historische Sozialforschung, ISSN 0172-6404, Vol. 36, no 3, 19-33 p.Article in journal (Refereed) Published
Markte, Bewertungen und Klassifizierungen. Starting from the problem of economic coordination, this article defines markets as a social structure for the exchange of rights in which offers are evaluated and priced, and compete with one another. It identifies temporality, the roles of buyers and sellers, the voluntary nature of trade, property rights and competition as key features distinguishing markets from trade and other forms of economic coordination. In order to function, markets require a shared understanding of a product, a common culture as rules of behavior and an agreement over the economic value of an offer. Finally, the article distinguishes between fixed and switch-role markets to show that it is necessary to speak of markets in plural.
Place, publisher, year, edition, pages
2011. Vol. 36, no 3, 19-33 p.
market order, definition of markets, evaluation
IdentifiersURN: urn:nbn:se:su:diva-66836ISI: 000294888200003OAI: oai:DiVA.org:su-66836DiVA: diva2:469811
ProjectsM2007-0244:1-PK from the Riksbankens JubileumsfondlCEV-263699 from the European Research Council2009-1958 from Vetenskapsrådet
FunderRiksbankens Jubileumsfond, M2007-0244:1-PKSwedish Research Council, 2009-1958EU, European Research Council, CEV-263699
authorCount :12011-12-272011-12-212012-02-09Bibliographically approved