The market triple

Stanisław Walukiewicz ()

Central European Journal of Operations Research, 2014, vol. 22, issue 4, 713-727

Abstract: It is a well known fact that at market equilibrium supply equals demand except for instance in North Korea and Europe during the Second World War. The above should be examined from a contemporary perspective (here and now) as well as all the accepted relevant terms, criteria and parameters. Basic terms such as value and market are redefined from this perspective and the organizer element is added. Thus a linear creation of demand and supply is expanded into a two-dimensional structure which provides the definition of a market triple. There are countless markets in the world around us, but only six market triples. Quite unique among the markets is the research market, our proposition for future developments. Copyright The Author(s) 2014

Keywords: Value; Market; Market triple; Social capital; Formal and informal relations; Sharp and fuzzy boundaries (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1007/s10100-013-0299-2

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