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social science subjects > economics > economic concepts > market (economics) > quasi-market
social science subjects > politics and international relations > governance > market (economics) > quasi-market
... > social science subjects > business and management > management settings > business management > governance > market (economics) > quasi-market
social science subjects > business and management > organization studies > organization theory > quasi-market
social science subjects > politics and international relations > governance > public-sector management > quasi-market
... > social science subjects > business and management > management settings > business management > governance > public-sector management > quasi-market

Preferred term

quasi-market  

Definition

  • Quasi-markets, also sometimes described as planned markets or internal markets, are organizationally designed and supervised markets intended to bring us more efficiency and choice than bureaucratic delivery systems while maintaining more equity, accessibility, and stability than conventional markets. From the viewpoint of economics, a market is an exchange mechanism of commodities that is able to match supply and demand, mostly through price adjustments. [Source: Encyclopedia of Governance; Quasi-Market]

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https://concepts.sagepub.com/social-science/concept/quasi-market

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