This volume presents historical, contemporary, and theoretical perspectives on the role of local communities and social norms in the economic development process. Using historical evidence combined with recent developments in institutional economics involving game theory and contracts, it establishes that communities can enhance the development of a market economy under certain circumstances -- and sheds light on what those circumstances are.
This volume presents historical, contemporary, and theoretical perspectives on the role of local communities and social norms in the economic development process. Using historical evidence combined with recent developments in institutional economics involving game theory and contracts, it establishes that communities can enhance the development of a market economy under certain circumstances -- and sheds light on what those circumstances are.
Masahiko Aoki is Henri and Tomoye Takahashi Professor of Japanese Studies and Professor of Economics at Stanford University and Director-General of the Research Institute of Japan's Ministry of International Trade and Industry. His work on the theory of the firm, the Japanese economy, and comparative economic institutions has given rise to many widely read publications, including The Japanese Main Bank System (co-edited with Hugh Patrick) and The Co-operative Game Theory of the Firm.
Inhaltsangabe
* Introduction: Communities and Markets in Economic Development * Part I. Theoretical and Historical Perspectives * 1: Avner Greif: Impersonal Exchange and the Origin of Markets: From the Community Responsibility System to Individual Legal Responsibility in Pre-modern Europe * 2: Robert C. Allen: Community and Market in England: Open Fields and Enclosures Revisited * 3: Yujiro Hayami and Masao Kikuchi: The Two Paths of Agrarian System Evolution in the Philippine Rice Bowl * 4: Masahiko Aoki: Community Norms and Embeddedness: A Game-Theoretic Approach * Part II. Community in Market Development * 5: Yujiro Hayami and Toshihiko Kawagoe: Middlemen in a Peasant Community: Vegetable Marketing in Indonesia * 6: Akihiko Ohno: Market Integrators for Rural-based Industrialization: The Case of the Hand-Weaving Industry in Laos * 7: Marcel Fafchamps: The Role of Business Networks in Market Development in Sub-Saharan Africa * 8: Jonathan Morduch and Terry Sicular: Risk and Insurance in Transition: Perspectives from Zhouping County, China * Part III. Governance of Local Commons * 9: Pranab Bardhan: Water Community: An Empirical Analysis of Cooperation on Irrigation in South India * 10: Masao Kikuchi, Masako Fujita, and Yujiro Hayami: State and Community in the Deterioration of a National Irrigation System * 11: Keijiro Otsuka and Towa Tachibana: Evolution and Consequences of Community Forest Management in the Hill Region of Nepal * 12: Alain de Janvry, Céline Dutilly, Carlos Muñoz-Piña, and Elisabeth Sadoulet: Liberal Reforms and Community Responses in Mexico * 13: Jean-Philippe Platteau and Erika Seki: Community Arrangements to Overcome Market Failures: Pooling Groups in Japanese Fisheries * 14: Douglass North: Comments
* Introduction: Communities and Markets in Economic Development * Part I. Theoretical and Historical Perspectives * 1: Avner Greif: Impersonal Exchange and the Origin of Markets: From the Community Responsibility System to Individual Legal Responsibility in Pre-modern Europe * 2: Robert C. Allen: Community and Market in England: Open Fields and Enclosures Revisited * 3: Yujiro Hayami and Masao Kikuchi: The Two Paths of Agrarian System Evolution in the Philippine Rice Bowl * 4: Masahiko Aoki: Community Norms and Embeddedness: A Game-Theoretic Approach * Part II. Community in Market Development * 5: Yujiro Hayami and Toshihiko Kawagoe: Middlemen in a Peasant Community: Vegetable Marketing in Indonesia * 6: Akihiko Ohno: Market Integrators for Rural-based Industrialization: The Case of the Hand-Weaving Industry in Laos * 7: Marcel Fafchamps: The Role of Business Networks in Market Development in Sub-Saharan Africa * 8: Jonathan Morduch and Terry Sicular: Risk and Insurance in Transition: Perspectives from Zhouping County, China * Part III. Governance of Local Commons * 9: Pranab Bardhan: Water Community: An Empirical Analysis of Cooperation on Irrigation in South India * 10: Masao Kikuchi, Masako Fujita, and Yujiro Hayami: State and Community in the Deterioration of a National Irrigation System * 11: Keijiro Otsuka and Towa Tachibana: Evolution and Consequences of Community Forest Management in the Hill Region of Nepal * 12: Alain de Janvry, Céline Dutilly, Carlos Muñoz-Piña, and Elisabeth Sadoulet: Liberal Reforms and Community Responses in Mexico * 13: Jean-Philippe Platteau and Erika Seki: Community Arrangements to Overcome Market Failures: Pooling Groups in Japanese Fisheries * 14: Douglass North: Comments
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