missing market

noun

a situation in microeconomics where a competitive market allowing the exchange of a commodity would be Pareto-efficient, but no such market exists

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Meanings

nounmissing market (plural missing markets)

plural missing markets

  1. economicsa situation in microeconomics where a competitive market allowing the exchange of a commodity would be Pareto-efficient, but no such market exists
Cite this entry
APA

missing market. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/missing%20market

MLA

“missing market.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/missing%20market. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “missing market,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/missing%20market.

Source: missing market on Wiktionary, CC BY-SA 4.0.