Artikel
MEDIEVAL MATCHING MARKETS
We study the regulation of brokerage in wholesale markets in premodern Central Western Europe. Examining 1,804 sets of rules from 82 cities, we find brokerage was primarily a centralized matchmaking mechanism. Brokerage was more common in towns with larger populations, better access to sea ports and trade routes, and greater political autonomy. Brokers' fee structures varied systematically: price‐based fees were more common for highly heterogeneous goods, quantity‐based fees for more homogeneous goods. We show theoretically that this was broadly consistent with total surplus maximization, and that brokerage was more valuable in markets with unequal numbers of buyers and sellers.
- Sprache
-
Englisch
- Erschienen in
-
Journal: International Economic Review ; ISSN: 1468-2354 ; Volume: 64 ; Year: 2022 ; Issue: 1 ; Pages: 23-56 ; Hoboken, NJ: Wiley
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Boerner, Lars
Quint, Daniel
- Ereignis
-
Veröffentlichung
- (wer)
-
Wiley
- (wo)
-
Hoboken, NJ
- (wann)
-
2022
- DOI
-
doi:10.1111/iere.12600
- Letzte Aktualisierung
-
20.09.2024, 08:23 MESZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Boerner, Lars
- Quint, Daniel
- Wiley
Entstanden
- 2022
Ähnliche Objekte (12)
The Curies : a biography of the most controversial family in science
The Theory of Errors and Method of Least Squares
A Treatise on Ordinary and Partial Differential Equations
Optimal tariffs and firm technology choice: An environmental approach
Effects of mental accounting on purchase decision processes: A systematic review and research agenda
Introduction to the Special Section: Strengthening Institutional Collaboration for Development and Economic Growth
Portfolio structures: Can they contribute to solving the low‐risk puzzle?
Markups, organic agriculture and downstream concentration at the example of European dairy farmers
Credit risk in derivative securities: A simplified approach
Becoming Europe's Parliament: Europeanization through MEPs' Supranational Activism, 1952–79
Knowing What Justice Means and Being Committed to It: Remarks on Allen Buchanan's Analysis of Conservative Factual Beliefs
Transnational spaces of education as infrastructures of im/mobility
The Curies : a biography of the most controversial family in science
The Theory of Errors and Method of Least Squares
A Treatise on Ordinary and Partial Differential Equations
Optimal tariffs and firm technology choice: An environmental approach
Effects of mental accounting on purchase decision processes: A systematic review and research agenda
Introduction to the Special Section: Strengthening Institutional Collaboration for Development and Economic Growth
Portfolio structures: Can they contribute to solving the low‐risk puzzle?
Markups, organic agriculture and downstream concentration at the example of European dairy farmers
Credit risk in derivative securities: A simplified approach
Becoming Europe's Parliament: Europeanization through MEPs' Supranational Activism, 1952–79
Knowing What Justice Means and Being Committed to It: Remarks on Allen Buchanan's Analysis of Conservative Factual Beliefs
Transnational spaces of education as infrastructures of im/mobility
The Curies : a biography of the most controversial family in science
The Theory of Errors and Method of Least Squares
A Treatise on Ordinary and Partial Differential Equations
Optimal tariffs and firm technology choice: An environmental approach
Effects of mental accounting on purchase decision processes: A systematic review and research agenda
Introduction to the Special Section: Strengthening Institutional Collaboration for Development and Economic Growth
Portfolio structures: Can they contribute to solving the low‐risk puzzle?
Markups, organic agriculture and downstream concentration at the example of European dairy farmers
Credit risk in derivative securities: A simplified approach
Becoming Europe's Parliament: Europeanization through MEPs' Supranational Activism, 1952–79
Knowing What Justice Means and Being Committed to It: Remarks on Allen Buchanan's Analysis of Conservative Factual Beliefs