Reputation and Coalitions in Medieval Trade: Evidence on the Maghribi Traders

Avner Greif ()

The Journal of Economic History, 1989, vol. 49, issue 04, pages 857-882

Abstract: This article examines the economic institution utilized during the eleventh century to facilitate complex trade characterized by asymmetric information and limited legal contract enforceability. The geniza documents are employed to present the , an economic institution based upon a reputation mechanism utilized by Mediterranean traders to confront the organizational problem associated with the exchange relations between merchants and their overseas agents. The the oretical framework explains many trade-related phenomena, especially why traders utilized specific forms of business association, and indicates the interrelations between social and economic institutions.

Date: 1989
View citations in EconPapers

Downloads: (external link)
http://journals.cambridge.org/abstract_S0022050700009475 link to article abstract page (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:cup:jechis:v:49:y:1989:i:04:p:857-882_00

Access Statistics for this article

More articles in The Journal of Economic History from Cambridge University Press
Address: The Edinburgh Building, Shaftesbury Road, Cambridge CB2 2RU UK
Series data maintained by Mike Eden ().