Ekuilibrium : Jurnal Ilmiah Bidang Ilmu Ekonomi
Vol 20, No 1 (2025): March

Rationality of Informal Sector Vendor Groups in Maintaining Business

Slamet Santoso (Universitas Muhammadiyah Ponorogo)
Khusnatul Zulfa Wafirotin (Universitas Muhammadiyah Ponorogo)
Yeni Cahyono (Universitas Muhammadiyah Ponorogo)
Iin Wijayanti (Universitas Muhammadiyah Ponorogo)
Riza Dessy Nila Ayutika (Universitas Muhammadiyah Ponorogo)



Article Info

Publish Date
12 Mar 2025

Abstract

Informal sector vendors have now penetrated every city. This phenomenon is interesting to study further, especially their rational efforts to maintain their business. This study aims to determine how the rationality of informal sector vendor groups works in running and maintaining their business. Studying rationality becomes important because, for base consideration, it is important that they run in the group so that they are capable of maintaining their efforts until the moment. This study uses a social definition paradigm with a qualitative approach and a case study research type. The data collection methods used are in-depth interviews and observations. Data analysis uses interactive model analysis with data validity checks by triangulation. The study results show that informal sector vendors do not run informal sector vendors individually and separately, but their vendors are run in groups. The existence of these groups is important because they can help each other or help each other, support each other's vendors by maintaining harmony and mutual respect between each other so that they can run and maintain their business. The rationality of informal sector vendors is included in the type of value rational action (Werk Rational).

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Journal Info

Abbrev

ekuilibrium

Publisher

Subject

Economics, Econometrics & Finance

Description

Ekuilibrium : Jurnal Ilmiah Bidang Ilmu Ekonomi is a journal published by the Economic Faculty, Universitas Muhammadiyah Ponorogo (Unmuh Ponorogo) in collaboration with Universitas Muhammadiyah Ponorogo Research and Community Service. Published twice a year (March and September), contains six to ten ...