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The market triple

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  • Stanisław Walukiewicz

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

Suggested Citation

  • Stanisław Walukiewicz, 2014. "The market triple," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 22(4), pages 713-727, December.
  • Handle: RePEc:spr:cejnor:v:22:y:2014:i:4:p:713-727
    DOI: 10.1007/s10100-013-0299-2
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    References listed on IDEAS

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    1. John Hicks, 1981. ""IS-LM": An Explanation," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 3(2), pages 139-154, January.
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