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References Antiseri D., La Vienna di Popper, Soveria Mannelli, 2000. Antiseri D., Karl Popper, Soveria Mannelli, 2011. Antonetti N., Luigi Sturzo e la costituzione italiana, Soveria Mannelli, 2017. Böhm F., Eucken W., Grossmann-Dörth H., The Manifesto of 1936, In: Peacock A., Willlgerodt H. (Eds.), Germany’s social market economy: origins and evolution, London, 15-26, 1936/1989. Buttiglione R., Metafisica della conoscenza e politica in S. Tommaso d’Aquino, Forlì, 1985. Cappellano M., Società civile, In: Cappellano M. (Ed


This paper presents different historical and systematical approaches to point out the relationship between Catholic social teaching and social market economy. A fundamental connection between Catholic social teaching, ordoliberalism, and the market order is given in more detail. It becomes clear that not every form of capitalism is suitable for Catholic social teaching. However, the so-called “Rhenish capitalism”, i.e., social market economy, is the form of market economy that best coincides with the criteria of Catholic social teaching. This paper examines the anthropological and ethical foudations of the economic order in a detailed manner, especially of the economic order, especially the fundamental value of freedom as well as the notion of social justice by taking into account the importance of an ethos and an institutional framework. The idea of social market economy has to face current challenges and future perspectives which prove that – from an ethical point of view – the center of this discussion is the question of ineluctable standards of humanity and justice.

Computing - Macquarie University. POLKOWSKI L., SEMENIUK-POLKOWSKA M., (2010), Granular Rough Mereological Logics with Applications to Dependencies in Information and Decision Systems, Journal: Transactions on Rough Sets , vol. 12. PRZEKRÓJ, (2011), Ranking miast, Przekrój we współpracy z Rzeczpospolitą vol. 11, 2011. RAPORT AMRON - SARFIN, (2012),, (12.2012). RENIGIER-BIŁOZOR M., (2011), Analysis of real estate markets with the use of the rough set theory, wyd. Journal of the Polish real estate

References Begg D., Fischer S., Dornbusch R., 1993, Ekonomia, Vol. 1, Pwe, Warszawa. (Economy), Brown G. R., Matysiak G., 2000, Real Estate Investment. A Capital Market Approach, Financial Times, Prentice Hall, Cannone J., Macdonald R. J., Özdilek U., 2005, Valuation Without Value Theory: A North American “Appraisal”, March 2005, Crosby N., Devancy S., Key T., Matysiak G., 2003, Valuation Accuracy: Reconciling The Timing Of The Valuation And Sale, Eres, Helsinki, European Valuer, Tegova, 2017 Issue No. 8, Damodaran A., 2006, Valuation Approaches And Metrics: A

References AKIMOV A., STEVENSON S., YOUNG J., 2015, Synchronisation and commonalities in metropolitan housing market cycles, Urban Studies Vol. 52, Issue 9, pp. 1665-1682 BANDT O., KNETSCH T., PEÑALOSA J., ZOLLINO F., 2010, Housing Markets in Europe: A Macroeconomic Perspective, Springer Science & Business Media. BARRAS R., 1994, Property and Economic Cycle: Building Cycles Revised, Journal of Property Research, No 11, pp. 183-197. BAXTER M., KING R.G., 1999, Measuring Business Cycles: Approximate Bandpass Filters, The Review of Economics and Statistics, 81

Introduction Kohli and Jaworski (1990: 1) referred to the term ‘market orientation’ to indicate the implementation of the marketing concept. Market orientation provides a unifying focus within a company that can lead to superior performance and a sustainable competitive advantage ( Gupta et al., 2013 ; Kumar et al., 2011 ). Ignoring organisational culture has implications for the successful implementation of a market orientation strategy ( Halliday, 2002 ; Lee et al., 2006 ; Tiernan et al., 2015 ). Despite this, a ‘full and detailed understanding is still

References Hunt, S. (2002). Making Competition Work in Electricity (1 st ed-n). New York: John Wiley & Sons, ISBN-10: 0471220981, pp. 464. Feinberg, R.M. (1980). The Lerner Index, concentration, and the measurement of market power. Southern Economic Journal, 46 (4), 1180-1186. Froeb, L.M., Mccann, (2009). Managerial Economics: A Problem Solving Approach (2 nd ed-n). South-Western, Cengage Learning, ISBN-10: 1-439-07798-3, pp. 345. Juselius, M., & Stenbacka, R. (2008). The Relevant Market for Production and Wholesale of Electricity in the Nordic Countries

References Ahmadi, Z. (2019). Moderating effects on the market orientation and strategic performance relationship in public housing. Baltic Journal of Management . Avlonitis, G. J., & Gounaris, S. P. (1999). Marketing orientation and its determinants: an empirical analysis. European Journal of Marketing , 33(11/12), 1003-1037. Barney, J. (1991). Special theory forum the resource-based model of the firm: origins, implications, and prospects. Journal of Management , 17(1), 97-98. Christmann, P. (2000). Effects of “best practices” of environmental management on

References Krugman, Paul (1994), Peddling Prosperity, New York: Norton Tellis, Gerard J. and Peter N. Golder (1996), “First to Market, First to Fail? The Real Causes of Enduring Market Leadership“, Sloan Management Review, 37 (2), pp. 65 - 75. Tellis, Gerard J. and Peter Golder (2001), “Will and Vision: How Latecomers Grow to Dominate Markets“, McGraw Hill.

References Antiseri D., Ma l’economia sociale di mercato non è morta, Vita e Pensiero, 5, 2017. Böckenförde E.W., Diritto naturale e secolarizzazione, Rome, 2007. Bruni L., Sugden R., Fraternity: why the market need not be a morally free zone, Econ Philos, 24 (1), 35-64, 2008. Bruni L., Zamagni S., The Civil Economy , Newcastle u.T., Agenda, 2016 Bruni L., Zamagni S. (Eds.), Dizionario di Economia Civile, Città Nuova, Rome, 2009. Campanini G., Il pensiero politico di Luigi Sturzo, Sciascia, Rome, 2001. de Cusa Nicolai