Institutions of Hanseatic trade : studies on the political economy of a medieval network organisation

The Resource Institutions of Hanseatic trade : studies on the political economy of a medieval network organisation

Label

Institutions of Hanseatic trade : studies on the political economy of a medieval network organisation

Title remainder

studies on the political economy of a medieval network organisation

Statement of responsibility

Ulf Christian Ewert / Stephan Selzer

Language

eng

Summary

"The merchants of the medieval Hanse monopolised trade in the Baltic and North Sea areas. The authors describe the structure of their trade system in terms of network organisation and attempts to explain, on the grounds of institutional economics, the coordination of the merchants' commercial exchange by reputation, trust and culture. The institutional economics approach also allows for a comprehensive analysis of coordination problems arising between merchants, towns and the 'Kontore.' Due to the simplicity and flexibility of network trade, the Hansards could bridge the huge gap in economic development between the West and the East. In the changing economic conditions around 1500, however, exactly these characteristics proved to be a serious limit to further retain their trade monopoly"--Provided by publisher

Cataloging source

DLC

Illustrations

illustrations

Index

no index present

Literary form

non fiction

Nature of contents

dictionaries
bibliography

Context

Context of Institutions of Hanseatic trade : studies on the political economy of a medieval network organisation

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