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Der Markt der Wirtschaft


Goeke, P; Moser, E (2011). Der Markt der Wirtschaft. Zeitschrift für Wirtschaftsgeographie, 55(4):226-238.

Abstract

The market is expounded by different scientific disciplines, judged by different normative positions, and experienced by different actors. Despite this omnipresence, there is no discernible consensus that answers the question what a market is per se. In contention with theoretical arguments about the market and with the help of systems theory, the article seeks to develop a robust notion of the market. Market can thus be understood as the internal environment of the economic system. Market happens, if both the communication of exchange and the observation of competitors blend into each other, and if these processes focus on and crystallize in prices.

Abstract

The market is expounded by different scientific disciplines, judged by different normative positions, and experienced by different actors. Despite this omnipresence, there is no discernible consensus that answers the question what a market is per se. In contention with theoretical arguments about the market and with the help of systems theory, the article seeks to develop a robust notion of the market. Market can thus be understood as the internal environment of the economic system. Market happens, if both the communication of exchange and the observation of competitors blend into each other, and if these processes focus on and crystallize in prices.

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Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:07 Faculty of Science > Institute of Geography
Dewey Decimal Classification:910 Geography & travel
Scopus Subject Areas:Social Sciences & Humanities > Geography, Planning and Development
Social Sciences & Humanities > Economics and Econometrics
Language:German
Date:2011
Deposited On:03 Feb 2012 16:51
Last Modified:23 Jan 2022 20:16
Publisher:Buchenverlag
ISSN:0044-3751
OA Status:Closed
Related URLs:http://www.wirtschaftsgeographie.com/index.html (Publisher)