Lee, Georgallis & Struben, 2022 - Matrix of Different Kinds of Markets - Why this framework?
3 important questions on Lee, Georgallis & Struben, 2022 - Matrix of Different Kinds of Markets - Why this framework?
What are the 2 reasons behind this framework? List the 2 reasons.
- Framework can help us map the opportunities, of SE across different markets.
- The type of market uncertainty determines the nature of collective action problems to be resolved.
How do you typically solve Collective Action Problems on the demand side? And how can this be done
Build legitimacy for the market and change consumer awareness, this can be done by industry initiations, NGOs in collaboration with industries.
How do you typically solve Collective Action Problems on the supply side? And how can this be done?
Coordination of supply and which technology will prevail.
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