The Culture of a Market: A Case Study of Open-Air Horse Markets - 10.1628/093245607781871318 - Mohr Siebeck
Economics

Henrik Egbert

The Culture of a Market: A Case Study of Open-Air Horse Markets

Volume 163 () / Issue 3, pp. 493-502 (10)

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Individuals related to an organization develop organizational cultures, which in turn determine individuals' interactions. This idea is applied to markets and their spatial dimension, the marketplaces. The paper treats open-air horse markets. It is shown how horse traders, their customers, and state authorities influence the development of a particular market culture and how this promotes trade. Additionally, the paper seeks to explain why seemingly anachronistic open-air horse markets still exist in an industrialized society. (JEL: Q 13, R 10, Z 13)
Authors/Editors

Henrik Egbert No current data available.