Vacancy chain

A vacancy chain is a social structure through which resources are distributed to consumers. In a vacancy chain, a new resource unit that arrives into a population is taken by the first individual in line, who then leaves their old unit behind, this old unit is taken by a second individual, leaving their old unit behind, and so forth.^[1]

^ Pinfield, Lawrence (1995). The Operation of Internal Labor Markets. New York: Plenum Press. ISBN 978-0-306-45046-4.

[Pinfield-1] Pinfield, Lawrence (1995). The Operation of Internal Labor Markets. New York: Plenum Press. ISBN 978-0-306-45046-4.

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