1000248.pdf

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 exchang...

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Γλώσσα:English
Έκδοση: Peter Lang International Academic Publishers 2018
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spelling oapen-20.500.12657-296972021-11-12T15:58:09Z Institutions of Hanseatic Trade Ewert, Ulf Christian Selzer, Stephan History History Bruges Hanseatic League Lübeck bic Book Industry Communication::H Humanities::HB History::HBJ Regional & national history 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. 2018-07-10 23:55 2020-03-22 03:00:31 2020-04-01T12:36:04Z 2020-04-01T12:36:04Z 2016-11-30 book 1000248 OCN: 1076784368 9783653058512 http://library.oapen.org/handle/20.500.12657/29697 eng application/pdf n/a 1000248.pdf Peter Lang International Academic Publishers 10.3726/978-3-653-05851-2 101519 10.3726/978-3-653-05851-2 e927e604-2954-4bf6-826b-d5ecb47c6555 b818ba9d-2dd9-4fd7-a364-7f305aef7ee9 9783653058512 Knowledge Unlatched (KU) 101519 KU Select 2017: Backlist Collection Knowledge Unlatched open access
institution OAPEN
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language English
description 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.
title 1000248.pdf
spellingShingle 1000248.pdf
title_short 1000248.pdf
title_full 1000248.pdf
title_fullStr 1000248.pdf
title_full_unstemmed 1000248.pdf
title_sort 1000248.pdf
publisher Peter Lang International Academic Publishers
publishDate 2018
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