Reproduction of shortage in the Hungarian car market

  • Zsuzsa Kapitány
  • János Kornai
  • Judit Szabó
Part of the International Studies in Economic Modelling book series (ISIM)

Abstract

The basic question considered in this chapter is: what are the shortage phenomena that appear in the car market, and what are the factors that account for the perpetuation of shortage in this market? Using the general theoretical ideas and analytical apparatus previously developed by one of the authors (Kornai, 1980), we try to discover whether there are any regularities that are theoretically important in the development of demand and supply, in the behaviour of buyer and seller and in the changes that occur in the market situation.

Keywords

Socialist Country Private Person Actual Purchase Queueing Time Chronic Shortage 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

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Copyright information

© Chapman and Hall Ltd 1989

Authors and Affiliations

  • Zsuzsa Kapitány
  • János Kornai
  • Judit Szabó

There are no affiliations available

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