Market institutions and economic evolution

By B. Loasby. 2000

122 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/f7bbddffc88cd97cf0110c468a7dcbdb36d2798c

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Citations in the corpus

Institutional change in economic geography (2014, background): “These rules are made, first, by vendors and suppliers seeking to obtain new clients for their products (Loasby, 2000), and, second, by regulating authorities and similar organizations that enforce compliance to prevent opportunistic behaviour and market failure (Boyer, 1997).”
Markets, market-making and marketing (2007, background): “In summary, a market is not just a locus where pre-defined supply and demand functions intersect within static institutional frameworks, but a setting where entanglements between demand and supply are continuously reshaped and, as a consequence, institutional frameworks redefined (Loasby, 2000).”
Industry Change Through Vertical Disintegration: How and Why Markets Emerged in Mortgage Banking (2005, background): “Infrastructure and norms are the results of both trial 2005 491Jacobides and error and painstaking design (Coase, 1992; North, 1986), which help partition value chains and delimit the scopes of activity of all involved (Loasby, 2000).”
A new perspective on market dynamics (2014, background): “Additionally, larger actors with sufficient market-shaping power are often those most inclined to attempt to stabilize the market by increasing its capacity to retain form and thereby benefit from the likely resulting economies of scale (Loasby, 2000).”
Knowledge and markets (2001, background): “An excellent survey on market interaction models in which lines of trade accumulate into a complex network can be found in Kirman (1997b) .”
Consumption, preferences, and the evolutionary agenda (2001, background): “Rather it is the individuality of capabilities to consume which matters ( Loasby, 1998 ).”
Localized learning revisited (2006, background): “An interesting aspect of institutions is that they tend to work by preventing the exploration of excluded possibilities (Loasby 2000).”
The Evolution of Institutions: An Agenda for Future Theoretical Research (2002, background): “However, the market itself is an institution (Hodgson 1988; Loasby 2000).”
Innovation through institutionalization: A service ecosystems perspective (2015, unknown): “Loasby (2000), for example, describes institutions in the context of innovation as “mixed blessings”.”
The multiple boundaries of the firm (2003, background): “In a study of the evolution of firm boundaries, Lorenzoni and Lipparini (1999) found that decisions to contract boundaries over time were accompanied by the progressive abandonment of arm’s length arrangements and the adoption of close relationships with key suppliers.”
Myopia, knowledge development and cluster evolution (2007, background): “What individual self-interest dictates as a course of action in any particular case thus depends on the total set or pattern of institutions (Cannan, 1896; Loasby, 2000).”