Please use this identifier to cite or link to this item: http://hdl.handle.net/1942/26677
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dc.contributor.authorBIELY, Katharina-
dc.contributor.authorDries, Maes-
dc.contributor.authorVAN PASSEL, Steven-
dc.date.accessioned2018-08-10T13:30:50Z-
dc.date.available2018-08-10T13:30:50Z-
dc.date.issued2018-
dc.identifier.citationSustainability, 10(8), p. 1-23 (Art N° 2843)-
dc.identifier.issn2071-1050-
dc.identifier.urihttp://hdl.handle.net/1942/26677-
dc.description.abstractMarket power is a complex matter that is approximated with quantitative indicators within economics. However, these indicators may not fully capture market power, or they may fail to identify it, although it may be present. Moreover, a quantitative approach restricts market power as a concept, impeding the ability to discuss its relationship with other concepts, such as sustainability. This paper extends the definition of market power, following Foucault’s understanding of power and the associated theoretical discussions of power from different disciplines. We extended Foucault’s work by including systems thinking to capture the importance of the prevalent system’s paradigm, which is the ultimate initiator of action. Apart from distinguishing different elements of power, we also integrate an instrumental view on the elements of power. The developed frame allows us to understand the dynamic character of power as a force that strives to maintain or ameliorate the position of the paradigm that it serves. Based on this frame, we outline how this extended understanding of power can be used to analyze market power itself, and its relation with sustainability-
dc.description.sponsorshipThis research was performed within the frame of the HORIZON 2020 project SUFISA with the grant agreement number 635577.-
dc.language.isoen-
dc.subject.otherpower; market power; Foucault; sustainability; systems thinking-
dc.titleMarket Power Extended: From Foucault to Meadows-
dc.typeJournal Contribution-
dc.identifier.epage23-
dc.identifier.issue8-
dc.identifier.spage1-
dc.identifier.volume10-
local.bibliographicCitation.jcatA1-
dc.description.notesBiely, K (reprint author), Hasselt Univ, Fac Business Econ, Ctr Environm Sci, B-3500 Hasselt, Belgium. katharina.biely@uhasselt.be; dries.maes@ewi.vlaanderen.be; steven.vanpassel@uhasselt.be-
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local.type.refereedRefereed-
local.type.specifiedArticle-
local.bibliographicCitation.artnr2843-
local.classdsPublValOverrule/author_version_not_expected-
local.type.programmeH2020-
local.relation.h2020635577-
dc.identifier.doihttps://doi.org/10.3390/su10082843-
dc.identifier.isi000446767700259-
dc.identifier.urlhttp://www.mdpi.com/2071-1050/10/8/2843-
item.fullcitationBIELY, Katharina; Dries, Maes & VAN PASSEL, Steven (2018) Market Power Extended: From Foucault to Meadows. In: Sustainability, 10(8), p. 1-23 (Art N° 2843).-
item.validationecoom 2019-
item.fulltextWith Fulltext-
item.accessRightsOpen Access-
item.contributorBIELY, Katharina-
item.contributorDries, Maes-
item.contributorVAN PASSEL, Steven-
crisitem.journal.eissn2071-1050-
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