Abstract
The three vignettes provide a useful introduction to an analysis of the role of information in market societies, in part, because they clearly illustrate the heterogeneity of markets. In each vignette, the market is defined by different forms of social relations, by varying degrees of resource availability, and, finally, by the extent to which the ultimate decision is trusted to the market.
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© 1991 Michael A. Perelman
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Perelman, M. (1991). The Evolution of Markets. In: Information, Social Relations and the Economics of High Technology. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-11161-9_2
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DOI: https://doi.org/10.1007/978-1-349-11161-9_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-11163-3
Online ISBN: 978-1-349-11161-9
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