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Active and passive trading relations

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Active and passive trading relations. / Jackson, William Anthony.

In: Journal of Economic Issues, Vol. 53, No. 1, 07.03.2019, p. 98-114.

Research output: Contribution to journalArticle

Harvard

Jackson, WA 2019, 'Active and passive trading relations', Journal of Economic Issues, vol. 53, no. 1, pp. 98-114. https://doi.org/10.1080/00213624.2019.1568108

APA

Jackson, W. A. (2019). Active and passive trading relations. Journal of Economic Issues, 53(1), 98-114. https://doi.org/10.1080/00213624.2019.1568108

Vancouver

Jackson WA. Active and passive trading relations. Journal of Economic Issues. 2019 Mar 7;53(1):98-114. https://doi.org/10.1080/00213624.2019.1568108

Author

Jackson, William Anthony. / Active and passive trading relations. In: Journal of Economic Issues. 2019 ; Vol. 53, No. 1. pp. 98-114.

Bibtex - Download

@article{ed492046b9ff405b8ae493c71c74e297,
title = "Active and passive trading relations",
abstract = "Anonymous competitive markets are often contrasted with relational exchange. Much actual trade falls between the two: trading is not anonymous, for the participants know each other, but they have only a weak bond. The current paper examines this middle ground and discusses the institutions behind relational trading. It distinguishes active relations, as envisaged by the relational exchange literature, from passive ones associated with brand loyalty and relationship marketing. What we describe as a market in everyday language is seldom anonymous and includes diverse seller-buyer links that merit closer attention from economists.",
keywords = "markets, relational exchange, loyalty, trust, competition",
author = "Jackson, {William Anthony}",
note = "{\textcopyright} 2019, Journal of Economic Issues /Association for Evolutionary Economics. This is an author-produced version of the published paper. Uploaded with permission of the publisher/copyright holder. Further copying may not be permitted; contact the publisher for details ",
year = "2019",
month = mar,
day = "7",
doi = "10.1080/00213624.2019.1568108",
language = "English",
volume = "53",
pages = "98--114",
journal = "Journal of Economic Issues",
issn = "0021-3624",
publisher = "M.E. Sharpe Inc.",
number = "1",

}

RIS (suitable for import to EndNote) - Download

TY - JOUR

T1 - Active and passive trading relations

AU - Jackson, William Anthony

N1 - © 2019, Journal of Economic Issues /Association for Evolutionary Economics. This is an author-produced version of the published paper. Uploaded with permission of the publisher/copyright holder. Further copying may not be permitted; contact the publisher for details

PY - 2019/3/7

Y1 - 2019/3/7

N2 - Anonymous competitive markets are often contrasted with relational exchange. Much actual trade falls between the two: trading is not anonymous, for the participants know each other, but they have only a weak bond. The current paper examines this middle ground and discusses the institutions behind relational trading. It distinguishes active relations, as envisaged by the relational exchange literature, from passive ones associated with brand loyalty and relationship marketing. What we describe as a market in everyday language is seldom anonymous and includes diverse seller-buyer links that merit closer attention from economists.

AB - Anonymous competitive markets are often contrasted with relational exchange. Much actual trade falls between the two: trading is not anonymous, for the participants know each other, but they have only a weak bond. The current paper examines this middle ground and discusses the institutions behind relational trading. It distinguishes active relations, as envisaged by the relational exchange literature, from passive ones associated with brand loyalty and relationship marketing. What we describe as a market in everyday language is seldom anonymous and includes diverse seller-buyer links that merit closer attention from economists.

KW - markets

KW - relational exchange

KW - loyalty

KW - trust

KW - competition

UR - http://www.scopus.com/inward/record.url?scp=85062652105&partnerID=8YFLogxK

U2 - 10.1080/00213624.2019.1568108

DO - 10.1080/00213624.2019.1568108

M3 - Article

VL - 53

SP - 98

EP - 114

JO - Journal of Economic Issues

JF - Journal of Economic Issues

SN - 0021-3624

IS - 1

ER -