IDEAS home Printed from https://ideas.repec.org/p/zbw/csledp/200611.html
   My bibliography  Save this paper

Markt und Marktwirtschaft

Author

Listed:
  • Kirstein, Roland

Abstract

Der Beitrag führt in das Konzept der Marktwirtschaft ein. Im Vergleich mit anderen Wirtschaftsordnungen wird der Preismechanismus als entscheidender Unterschied herausgestellt, der zugleich Anreiz- und Informationswirkung entfaltet und somit Ineffizienzprobleme der alternativen Systeme zu überwinden vermag. Die strengen Anforderungen der ökonomischen Theorie müssen nicht einmal erfüllt sein, wie Experimente gezeigt haben. Allerdings kann es aufgrund externer Effekte, asymmetrischer Information oder natürlicher Monopole zu Marktversagen kommen; ein weiterer Ansatzpunkt für die Notwendigkeit staatlicher Regulierung wären unerwünschte Verteilungswirkungen. Der Beitrag nimmt Bezug auf die moderne Institutionenökonomik und geht auf makroökonomische Erwägungen ein.

Suggested Citation

  • Kirstein, Roland, 2006. "Markt und Marktwirtschaft," CSLE Discussion Paper Series 2006-11, Saarland University, CSLE - Center for the Study of Law and Economics.
    • Handle: RePEc:zbw:csledp:200611
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/23089/1/2006-11_markt.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    2. Vernon L. Smith, 1962. "An Experimental Study of Competitive Market Behavior," Journal of Political Economy, University of Chicago Press, vol. 70(2), pages 111-111.
    3. George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
    4. Kirstein, Roland, 1997. "Law And Economics In Germany," CSLE Discussion Paper Series 97-10, Saarland University, CSLE - Center for the Study of Law and Economics.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Teodor Sedlarski & Mina Bazoteva, 2012. "Application of the Economic Analysis of Law to the Regulation of the Drug Retail Market in Bulgaria," Yearbook of the Faculty of Economics and Business Administration, Sofia University, Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski - Bulgaria, vol. 10(1), pages 153-175, March.
    2. Kremhelmer, Susanne, 2004. "Fairness, Property Rights, and the Market for Media," Munich Dissertations in Economics 2521, University of Munich, Department of Economics.
    3. Wiser, R. H., 2000. "The role of public policy in emerging green power markets: an analysis of marketer preferences," Renewable and Sustainable Energy Reviews, Elsevier, vol. 4(2), pages 177-212, June.
    4. Omar Al-Ubaydli & John A. List, 2019. "How natural field experiments have enhanced our understanding of unemployment," Nature Human Behaviour, Nature, vol. 3(1), pages 33-39, January.
    5. Petrick, Martin, 2004. "Governing Structural Change And Externalities In Agriculture: Toward A Normative Institutional Economics Of Rural Development," IAMO Discussion Papers 14878, Institute of Agricultural Development in Transition Economies (IAMO).
    6. Sagebiel, Julian & Müller, Jakob R. & Rommel, Jens, 2013. "Are Consumers Willing to Pay More for Electricity from Cooperatives? Results from an Online Choice Experiment in Germany," MPRA Paper 52385, University Library of Munich, Germany.
    7. Olivier Meier & Aurélie Sannajust, 0. "The smart contract revolution: a solution for the holdup problem?," Small Business Economics, Springer, vol. 0, pages 1-16.
    8. Deepak Nayyar, 2006. "Development through Globalization?," WIDER Working Paper Series RP2006-29, World Institute for Development Economic Research (UNU-WIDER).
    9. Richard B. Howarth & Alan H. Sanstad, 1995. "Discount Rates And Energy Efficiency," Contemporary Economic Policy, Western Economic Association International, vol. 13(3), pages 101-109, July.
    10. Dariel, Aurelie & Riedl, Arno & Siegenthaler, Simon, 2021. "Referral hiring and wage formation in a market with adverse selection," Games and Economic Behavior, Elsevier, vol. 130(C), pages 109-130.
    11. Fischer, Justina A.V., 2012. "The choice of domestic policies in a globalized economy: Extended Version," MPRA Paper 37816, University Library of Munich, Germany.
    12. Alessandro Morselli, 2021. "Rationality, Information Power and Institutional Theory," Review of Economics and Institutions, Università di Perugia, vol. 12(2).
    13. Justus Haucap & Christian Wey, 1999. "Standortwahl als Franchisingproblem," CIG Working Papers FS IV 99-08, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    14. Michael Faure & Hanneke Luth, 2011. "Behavioural Economics in Unfair Contract Terms," Journal of Consumer Policy, Springer, vol. 34(3), pages 337-358, September.
    15. Mr. Garry J. Schinasi, 2004. "Private Finance and Public Policy," IMF Working Papers 2004/120, International Monetary Fund.
    16. Henrik Egbert & Teodor Sedlarski & Aleksandar B. Todorov, 2022. "Foundations of contemporary economics: George Stigler and the Chicago school of economics – on price theory and information economics," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 452-472.
    17. Charles F. Manski, 2000. "Economic Analysis of Social Interactions," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 115-136, Summer.
    18. Al-Ubaydli, Omar & Boettke, Peter, 2010. "Markets as economizers of information: Field experimental examination of the “Hayek Hypothesis”," MPRA Paper 27660, University Library of Munich, Germany.
    19. Fischer, Justina A.V., 2012. "The choice of domestic policies in a globalized economy," Papers 306, World Trade Institute.
    20. Ma, Hongqi & Zou, Jingxian & Qin, Cong, 2024. "Environmental regulations implemented by local officials in China: Is there a hometown effect?," Energy Economics, Elsevier, vol. 130(C).

    More about this item

    Keywords

    market failure; spontaneous order; Ordoliberalism; experiments; efficiency;
    All these keywords.

    JEL classification:

    • P10 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - General
    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
    • A10 - General Economics and Teaching - - General Economics - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:csledp:200611. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/fosaade.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.