Making a Market - The Institutional Transformation of an African Society

Klappentext This 1993 book analyses the process by which the market was introduced into the economy of a group of Kenyan pastoralists. Zusammenfassung In Making a Market! Jean Ensminger analyses the process by which the market was introduced into the economy of a group of Kenyan pastoralists. This 1993 case study points out the importance of understanding the roles of ideology and bargaining power - in addition to pure economic forces! such as changing relative prices - in shaping market institutions. Inhaltsverzeichnis 1. A proper marriage: new institutional economic anthropology; 2. Transaction costs: the history of trade among the Orma; 3. Distribution of the gains from trade; 4. Agency theory: patron-client relations as a form of labor contracting; 5. Property rights: dismantling the commons; 6. Collective action: from community to state; 7. Conclusion: ideology and the economy.

Product details

• Authors: Jean Ensminger, Jean (Washington University Ensminger
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Hardback
• Released: 27.11.1992
• EAN: 9780521420600
• ISBN: 978-0-521-42060-0
• No. of pages: 230
• Series: Political Economy of Instituti; Political Economy of Instituti
• Subject: Social sciences, law, business > Social sciences (general)