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Exploring markets: Diamonds

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  • Weber, Daniel

Abstract

Exploring Markets is a paper series discussing niche markets with interesting characteristics. The paper on hand focuses on the market for diamonds. The paper discusses specific characteristics of supply and demand such as the supply chain from mining to retail, the dismantling of the diamond cartel, qualities of diamonds, the Kimberley Process Certification as an approach to ensure ethical sourcing, the role of advertisement in creating demand and the potential disruption of the diamond industry through labgrown diamonds.

Suggested Citation

  • Weber, Daniel, 2024. "Exploring markets: Diamonds," IU Discussion Papers - Business & Management 7 (June 2024), IU International University of Applied Sciences.
    • Handle: RePEc:zbw:iubhbm:300238
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    File URL: https://www.econstor.eu/bitstream/10419/300238/1/1894413814.pdf
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    References listed on IDEAS

    as
    1. Philippe Le Billon & Samuel Spiegel, 2022. "Cleaning mineral supply chains? Political economies of exploitation and hidden costs of technical fixes," Review of International Political Economy, Taylor & Francis Journals, vol. 29(3), pages 768-791, May.
    2. Bernstein, Lisa, 1992. "Opting Out of the Legal System: Extralegal Contractual Relations in the Diamond Industry," The Journal of Legal Studies, University of Chicago Press, vol. 21(1), pages 115-157, January.
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    More about this item

    Keywords

    Market Study; Diamonds;

    JEL classification:

    • Z19 - Other Special Topics - - Cultural Economics - - - Other

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