Nested markets: an institutional and relational perspective of analysis of the economic and commodity exchanges
DOI:
https://doi.org/10.5007/2175-7984.2016v15n33p314Abstract
This paper presents the prospect of nested markets as socially constructed markets and embedded in relations between different agents that share a set of rules, norms, values and
social conventions. From the analysis of two empirical cases - rural tourism in Roteiro Caminhos de Pedra and Feira do Pequeno Produtor de Passo Fundo / RS – it discusses the construction and dynamics of these markets, applying the framework of nested markets and their relationship with institutionalist approaches, especially with regard to the New Institutional Economics of Elinor Oström. The main scope is to demonstrate how socially constructed markets are related to broader markets and, therefore, do not operate in isolation, but are influenced and are constantly interacting with conventional markets.
Keywords:
Downloads
Published
Issue
Section
License
Authors retain the copyright and publishing rights to their works without restrictions.
By submitting their manuscripts, authors grant Revista Política & Sociedade the exclusive right of first publication, with the work simultaneously licensed under a Creative Commons Attribution (CC BY) 4.0 International License. This license allows others to remix, adapt, and build upon the published work, provided that appropriate credit is given to the author(s) and the original publication in this journal.
Authors are also permitted to enter into separate, additional contractual arrangements for the non-exclusive distribution of the published version of their work in this journal (for example, depositing it in an institutional repository, posting it on a personal website, publishing translations, or including it as a book chapter), provided that authorship and the original publication in Revista Política & Sociedade are properly acknowledged.
