imperfect market


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Related to imperfect market: Monopolistic competition
Translations

imperfect market

n (Econ) → unvollkommener Markt
References in periodicals archive ?
Yet oil is an imperfect market in every way: cartel manipulation, government intervention, and high barriers to entry - just to mention a few main factors.
We have proven that it is an imperfect market and have presented to the commission a case that the majority of SMEs in Digbeth, Eastside and the Jewellery Quarter areas cannot receive affordable high speed broadband.
Disrespecting sources of profit is against the ethics of any business she said adding that intermediary costs (difference between the cost of borrowing and return on lending) as are illogical and oppressive in Pakistans imperfect market, they said.
This line of research of the New Economic Geography is based on a series of prior contributions such as: the monopolistic competition model of Dixit-Stiglitz (1977), which opened new perspectives in economic research; the "iceberg" model of transport costs of Samuelson (1952); the research on imperfect market structures and on the origins of international trade (Helpman & Krugman, 1985).
But it can provide a political framework and institution-building support to improve the deficiencies that made these countries so vulnerable to the crisis: imperfect market economies, weak state institutions, and continued corruption.
This study employed the theory of imperfect market information (Stigler, 1961) as the guidance of the conceptual model development.
Yet, even with the existing imperfect market, we have booze cruisers and truculent truckers showing their sensitivity to cross- Channel competition fuelled with lower-tax diesel, applying pressure to smooth out tax differences.
Pennington's celebration and defense of the imperfect market is valid but misses the mark.
Fixation of minimum/support price of sugarcane is not meant to replace the market-based prices but to provide a floor to the market and correct the short coming of the imperfect market often characterized by collusion among the mills.
Unfortunately, the converse of this axiom was also true, and the massive losses this sector suffered in the late 1980s and early 1990s proved that imperfect market information could lead to disaster.
Healthcare is known as an imperfect market because consumers do not pay the actual full price of medical care.