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Paper info: Lament for a Market Unmade


Lament for a Market Unmade


Damien McLoughlin
University College Dublin
Damien McLoughlin ,
Geoff Easton
Lancaster University
United Kingdom
Geoff Easton and
Luis Araujo
University of Manchester
United Kingdom
Luis Araujo

Place of Publication

The paper was published at the 19th IMP-conference in Lugano, Switzerland in 2003.


Not available


This paper presents a case study of market making. In addition to contributing to a sparse literature on this process, its primary contribution is to reveal how and why this attempt failed. It particularly relies on the evolutionary understanding of markets and market institutions provided by Loasby (2000) for theoretical insight.