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date: 18 December 2018

Abstract and Keywords

This article charts and compares the three sources or modes of regulating market behaviour that together constitute the governance of markets. It identifies distrust as a central problem of markets and compares governance solutions from different types of sources, including markets and commercial businesses, informal communities and networks, and formal private organizations. The article argues that the hybrid combination of these sources is not new, but the piling up of different governance modes on top of each other, with the one controlling others, is.

Keywords: market behaviour, governance, commercial businesses, informal communities, private organizations

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