1998 | OriginalPaper | Chapter
Labour Market(s)
Author : Paolo Piacentini
Published in: Markets and Organization
Publisher: Springer Berlin Heidelberg
Included in: Professional Book Archive
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The specification of any market must define the agents, their rules of behaviour and interaction, leading to the allocation of the particular commodity defining the market itself. The outcome of the process establishes the quantities exchanged of the commodity and the price at which this exchange takes place.