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Conceptualising the role of evaluation systems in markets: the case of dominant evaluators

Kwon, W and Easton, G (2010) Conceptualising the role of evaluation systems in markets: the case of dominant evaluators. Marketing Theory, 10 (2). pp. 123-143. ISSN 1470-5931

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    Abstract

    Evaluation is usually an internalized process that is intrinsic to the activities of market actors. Producers evaluate what goods to produce, intermediaries such as distributors and retailers evaluate what goods to promote and stock, while consumers evaluate what goods to buy. In some cases, however, a secondary evaluation market controlled by an external evaluator can emerge as a de-facto gatekeeper exerting a powerful influence over the activities of market actors in the primary market. This article develops a conceptual model of external evaluation that describes: (i) the factors common to primary markets that are dominated by evaluation markets; (ii) the characteristics common to dominant evaluators and their evaluation markets; and (iii) the dynamic processes through which an evaluator can become entrenched in a position of dominance over other market actors. This conceptual model is illustrated through examples drawn from three dominant evaluators and the markets they dominate.

    Item Type: Article
    Journal or Publication Title: Marketing Theory
    Subjects:
    Departments: Lancaster University Management School > Lancaster University Management School - Other > Centre for Strategic Management
    Lancaster University Management School > Marketing
    ID Code: 45521
    Deposited By: ep_importer_pure
    Deposited On: 11 Jul 2011 19:33
    Refereed?: Yes
    Published?: Published
    Last Modified: 09 Apr 2014 22:33
    Identification Number:
    URI: http://eprints.lancs.ac.uk/id/eprint/45521

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