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Article . 2007
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Journal of Institutional and Theoretical Economics JITE
Article . 2007 . Peer-reviewed
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The New Institutional Economics of Markets

descriptionPublicationkeyboard_double_arrow_right Article 01 Jan 2007 English Publisher:Mohr SiebeckJournal:Journal of Institutional and Theoretical Economics, volume 163, pages 517-525 (issn: 0932-4569, Copyright policy )
Authors: Guerdjikova, Ani;

doi: 10.1628/093245607781871363

The New Institutional Economics of Markets

Abstract

I discuss papers presented at the session The New Institutional Economics of Markets at the 10th ISNIE conference in Boulder, Colorado. Richter [2007] provides a model of a market organization illustrated by the example of the American tobacco industry. Egbert [2007] analyzes the culture of open-air horse markets in Germany. Haucap, Pauly, and Wey [2007] discuss why the inefficient legislation regulating the German labor market has proved so stable and difficult to reform. I suggest possible extensions to the model suggested by Richter [2007] and discuss them, based on the case studies provided by the other two papers. (JEL: D 02)

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[SHS] Humanities and Social Sciences

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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
1
Average
Average
Average
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