How to Study Markets ? An Institutionalist Point of View

Hélène Tordjman

Revue d'Économie Industrielle, 2004, vol. 107, issue 1, 19-36

Abstract: [eng] This paper proposes a framework to study markets as institutional constructions. It identifies three groups of issues concerning the organisation of markets. The first one pertains to the nature of the traded goods, the second one to the identity of market participants, and the last one to exchange processes them-selves. At each of these levels, one sees at work visible hands of various institutions, setting rules and norms and enforcing them, and partially shaping behaviours and social values. [fre] Cet article propose un cadre d'analyse pour étudier les marchés comme des constructions institutionnelles. Trois groupes de questions concernant l'organisation des marchés sont identifiés. Le premier renvoie à la nature du bien échangé, le second à l'identité des participants au marché, et le troisième aux processus d'échange eux-mêmes. À chacun de ces niveaux, on voit à l'œuvre les mains visibles de diverses institutions, qui imposent normes et règles, et influencent valeurs et comportements.

Date: 2004
Note: DOI:10.3406/rei.2004.3046
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