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Competition in the informal sector of the economy: the case of market traders in Turkey

2000/04/01 by Recep Varcin

paper · doi:10.1108/01443330010789106

Abstract

Looks at some assumptions of street vending such as its individualistic nature, inefficiencies and irrationality. Uses research into the market traders in Ankara, Turkey. Shows that important differences exist between different street vendors in terms of their goals, and their resulting strategies. Compares how traders make economic decisions in a competitive environment. Considers economies of scale, ethnicity and localism as three important characteristics.

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