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

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 ex...

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Detalles Bibliográficos
Otros Autores: Ewert, Ulf Christian, 1966- author (author), Selzer, Stephan, 1968- co-author (coauthor)
Formato: Libro electrónico
Idioma:Inglés
Publicado: Frankfurt am Main, [Germany] : Peter Lang International Academic Publishing Group 2016
2016.
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009419795306719
Descripción
Sumario: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.
Descripción Física:1 online resource (198 pages) : illustrations, maps
Bibliografía:Includes bibliographical references.
ISBN:9783653058512
9783631697528