Matches in SemOpenAlex for { <https://semopenalex.org/work/W1550383657> ?p ?o ?g. }
- W1550383657 abstract "Based on a letter book of the London Baltic merchant Michael Mitford dating 1703-1707 this paper argues that the ability of merchant networks to secure property rights in long distance trade must be re-evaluated. Contrary to the argument of the New Institutional Economists, these were not inferior to the nation state in facilitating the expansion of trade and thereby Smithean growth. It is shown that Mitford's network did not limit membership by non-economic criteria but adapted to the needs of trade. It efficiently solved the free-rider problem through a reputation mechanism. As social ties developed parallel to business ties, the shadow of the future was furthermore supported by the threat of ostracism from the community and helped maintain agents' honesty. Members shared a common set of values, including reciprocity, which played an important role in their conduct of business. The network's attempts at expansion were, however, of limited success. This is related to mercantilist policies and ongoing warfare in the region, not to the network's lacking ability. Furthermore it is shown that the network provided the members with contacts and business opportunities and thereby supported their business activities more than political institutions did. The expansion of the nation state actually hindered rather than supported the expansion of trade in the Northern Seas." @default.
- W1550383657 created "2016-06-24" @default.
- W1550383657 creator A5050532820 @default.
- W1550383657 date "2010-04-01" @default.
- W1550383657 modified "2023-09-27" @default.
- W1550383657 title "Re-evaluating the role of voluntary organisations: merchant networks, the Baltic and the expansion of European long-distance trade" @default.
- W1550383657 cites W126879687 @default.
- W1550383657 cites W1524911922 @default.
- W1550383657 cites W1542316034 @default.
- W1550383657 cites W1548624353 @default.
- W1550383657 cites W1605544535 @default.
- W1550383657 cites W1976890254 @default.
- W1550383657 cites W1991384050 @default.
- W1550383657 cites W1998084213 @default.
- W1550383657 cites W2007550827 @default.
- W1550383657 cites W2077254518 @default.
- W1550383657 cites W2094720996 @default.
- W1550383657 cites W2113904855 @default.
- W1550383657 cites W2146552240 @default.
- W1550383657 cites W2237560775 @default.
- W1550383657 cites W2324656367 @default.
- W1550383657 cites W2479275859 @default.
- W1550383657 cites W2504636558 @default.
- W1550383657 cites W2571044310 @default.
- W1550383657 cites W2795710407 @default.
- W1550383657 cites W2994707985 @default.
- W1550383657 cites W3142221335 @default.
- W1550383657 cites W563166172 @default.
- W1550383657 hasPublicationYear "2010" @default.
- W1550383657 type Work @default.
- W1550383657 sameAs 1550383657 @default.
- W1550383657 citedByCount "0" @default.
- W1550383657 crossrefType "posted-content" @default.
- W1550383657 hasAuthorship W1550383657A5050532820 @default.
- W1550383657 hasConcept C11413529 @default.
- W1550383657 hasConcept C117797892 @default.
- W1550383657 hasConcept C136264566 @default.
- W1550383657 hasConcept C138921699 @default.
- W1550383657 hasConcept C144024400 @default.
- W1550383657 hasConcept C144133560 @default.
- W1550383657 hasConcept C155202549 @default.
- W1550383657 hasConcept C15744967 @default.
- W1550383657 hasConcept C162324750 @default.
- W1550383657 hasConcept C169903001 @default.
- W1550383657 hasConcept C17744445 @default.
- W1550383657 hasConcept C185592680 @default.
- W1550383657 hasConcept C19165224 @default.
- W1550383657 hasConcept C199539241 @default.
- W1550383657 hasConcept C34447519 @default.
- W1550383657 hasConcept C35532855 @default.
- W1550383657 hasConcept C41008148 @default.
- W1550383657 hasConcept C48103436 @default.
- W1550383657 hasConcept C48798503 @default.
- W1550383657 hasConcept C542102704 @default.
- W1550383657 hasConcept C55493867 @default.
- W1550383657 hasConcept C94625758 @default.
- W1550383657 hasConcept C98184364 @default.
- W1550383657 hasConceptScore W1550383657C11413529 @default.
- W1550383657 hasConceptScore W1550383657C117797892 @default.
- W1550383657 hasConceptScore W1550383657C136264566 @default.
- W1550383657 hasConceptScore W1550383657C138921699 @default.
- W1550383657 hasConceptScore W1550383657C144024400 @default.
- W1550383657 hasConceptScore W1550383657C144133560 @default.
- W1550383657 hasConceptScore W1550383657C155202549 @default.
- W1550383657 hasConceptScore W1550383657C15744967 @default.
- W1550383657 hasConceptScore W1550383657C162324750 @default.
- W1550383657 hasConceptScore W1550383657C169903001 @default.
- W1550383657 hasConceptScore W1550383657C17744445 @default.
- W1550383657 hasConceptScore W1550383657C185592680 @default.
- W1550383657 hasConceptScore W1550383657C19165224 @default.
- W1550383657 hasConceptScore W1550383657C199539241 @default.
- W1550383657 hasConceptScore W1550383657C34447519 @default.
- W1550383657 hasConceptScore W1550383657C35532855 @default.
- W1550383657 hasConceptScore W1550383657C41008148 @default.
- W1550383657 hasConceptScore W1550383657C48103436 @default.
- W1550383657 hasConceptScore W1550383657C48798503 @default.
- W1550383657 hasConceptScore W1550383657C542102704 @default.
- W1550383657 hasConceptScore W1550383657C55493867 @default.
- W1550383657 hasConceptScore W1550383657C94625758 @default.
- W1550383657 hasConceptScore W1550383657C98184364 @default.
- W1550383657 hasLocation W15503836571 @default.
- W1550383657 hasOpenAccess W1550383657 @default.
- W1550383657 hasPrimaryLocation W15503836571 @default.
- W1550383657 hasRelatedWork W150074012 @default.
- W1550383657 hasRelatedWork W1970119437 @default.
- W1550383657 hasRelatedWork W1986976819 @default.
- W1550383657 hasRelatedWork W2153324375 @default.
- W1550383657 hasRelatedWork W2330421662 @default.
- W1550383657 hasRelatedWork W2478208487 @default.
- W1550383657 hasRelatedWork W2796375495 @default.
- W1550383657 hasRelatedWork W2802772415 @default.
- W1550383657 hasRelatedWork W2922562765 @default.
- W1550383657 hasRelatedWork W2923624821 @default.
- W1550383657 hasRelatedWork W298162981 @default.
- W1550383657 hasRelatedWork W3121387214 @default.
- W1550383657 hasRelatedWork W3124063971 @default.
- W1550383657 hasRelatedWork W3125271093 @default.
- W1550383657 hasRelatedWork W3126135906 @default.
- W1550383657 hasRelatedWork W3193823170 @default.
- W1550383657 hasRelatedWork W3203555063 @default.