Abstract：In the history of economic society， the market plays an important role and shows great vigor and vitality. The results of different market operation practices around the world and those of the same market operation practice in different regions vary greatly， the logic of which is worth studying. Taking this as a starting point， this paper conducts an in-depth exploration of the operating logic of the market from the essential characteristics and internal connections of factors that are closely related to the market， such as knowledge， creativity， power， price， competition， currency，and third-party power. This paper holds that the market is a system created by people who acquire creativity from knowledge， with price， competition， currency and some other elements as its core elements and improves the transaction efficiency of economic goods through the transfer of property rights under the protection of the third party， so as to better meet the demand of the traders' creativity being matched. Main conclusions： first， the development level of the market is fundamentally marked by the degree of satisfaction of traders' demand， and the imbalance between supply and demand of economic goods， rights， third-party power and creativity in the market is essentially the decline of the degree of satisfaction of traders' demand. Second， traders' creativity is the fundamental driving force of market development. It is perfectly matched with the degree of satisfaction of their demand in the market. Specialized knowledge will continuously stimulate the creativity of traders. Third， the elastic range of price generates the elastic range of competition. The two ranges are the important support for market vitality. Fourth， the third party can not only ensure market transactions， but also exerts its allocating power to correct and accelerate the market. Fifth， in terms of market operation mechanisms with different structures constructed by market elements， it is more about one keeping in line with the actual market mechanism than a matter of good or bad mechanisms themselves that can realize the function of improving the degree of satisfaction of traders' demand.
2024, Vol. 63 
