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Monday July 28th 2008, 1:24 PM
Comment by: Alex G. (Salem, OR)
Hello,
VT definition for a stakeholder, as it relates to economics, reads as follows:
someone entrusted to hold stakes for two or more persons betting against one another; must deliver the stakes to the winner.
This may be relevant to two dueling parties, but may loose clear connection to the economics theme.

Another definition worth examining may read as follows:
A stakeholder is a person or a group of people who are directly or indirectly affected by the activities of the project or, who can alter the progression of a project in any way.
Stakeholder in the school construction project may vary from future students and parents, to mayor and city council, from neighbors of the school and nearby businesses, to commuters who drive through the area their employers. Anyone affected by the transaction/project or, in the position to alter the course of a project is a potential stakeholder.

This definition may give a different meaning to the word used in economics-related materials.

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