Institutions and European trade: merchant guilds, 1000-1800

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Historical Economic and Social Studies Economic Theory and Institutions Historical Economic and Legal Thought

Abstract

1. Merchant guilds, efficiency, and social capital 2. What was a merchant guild? 3. Local merchant guilds 4. Alien merchant guilds and companies 5. Merchant guilds and rulers 6. Commercial security 7. Contract enforcement 8. Principal-agent problems 9. Information 10. Price volatility 11. Institutions, social capital and economic development.

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