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About: Turnpike model of money     Goto   Sponge   Distinct   Permalink

An Entity of Type : yago:WikicatEconomicTheories, within Data Space : dbpedia.org associated with source document(s)

Type: yago:Abstraction100002137yago:Cognition100023271yago:EconomicTheory105994935yago:Explanation105793000yago:HigherCognitiveProcess105770664yago:Process105701363yago:PsychologicalFeature100023100yago:Theory105989479yago:Thinking105770926yago:WikicatEconomicTheories New Facet based on Instances of this Class

The turnpike model of money explains valued money as a way to facilitate trade between agents who meet as strangers in spatially separated isolated markets with no communication or transactions between the markets at any time.