2011 | OriginalPaper | Buchkapitel
Chapter 3 Analysis of the Relationship Between Dual Markets and Multiple Markets
verfasst von : Heinrich von Stackelberg
Erschienen in: Market Structure and Equilibrium
Verlag: Springer Berlin Heidelberg
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All markets in a social economy are interlinked within some sort of relationship. Depending on how close the relationships are, they can be divided into several types. Where economic entities that enter market
A
simultaneously participate wholly or partially in another market
B
, we can thus say that a primary relationship exists between these two markets
A
and
B
. Where economic entities that meet other economic entities in a third market participate in market
A
and are also market participants in market
B
, we can thus say that a secondary relationship exists between the two markets
A
and
B
, etc.